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A Dubai court has frozen $456 million in funds related to Justin Sun's bailout of Techteryx, the issuer of TrueUSD.

2025-11-12 23:26

According to Odaily Planet Daily, a Dubai court froze $456 million in funds related to Justin Sun's bailout of Techteryx, the issuer of TrueUSD, after alleging that its reserves were improperly transferred to Dubai company Aria Commodities, with the court finding "signs of a trust default."