TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing

TrustToken and TrueCoin – present rebranded and nether the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without decently registering, the U.S. Securities and Exchange Commission said successful a Tuesday statement.