

Dubai Court Upholds Worldwide Freeze Over $456 Million TrueUSD Reserve Dispute
The $456 million reserve shortfall that prompted Justin Sun to bail out holders of the TrueUSD stablecoin is now the subject of a global freezing order upheld by Dubai’s Digital Economy Court. The dispute revolves around whether funds from TrueUSD’s reserves were improperly directed to Aria Commodities DMCC, a Dubai-based trade-finance firm involved in financing commodity shipments, mining projects, and other illiquid ventures across emerging markets, according to counsel for
Flexi Group
11 hours ago2 min read
.png)
.png)























































