Dubai Court Freezes $456M Linked to Justin Sun’s Bailout of TrueUSD Issuer Techteryx

Dubai Court Freezes $456M Linked to Justin Sun’s Bailout of TrueUSD Issuer Techteryx

Dubai’s Digital Economy Court said there was compelling evidence of a breach of trust and ordered a worldwide freeze to protect the assets.

Dubai Court Orders Global $456 Million Asset Freeze Linked to Justin Sun - The Cryptocurrency Post

A Dubai court has ordered a global Justin Sun asset freeze worth $456 million. The measure is related to an alleged bailout of TrueUSD stablecoin reserves. His Excellency Judge Michael Black of the Dubai Digital Economy Court (DEC) issued the order on October 17, which will remain in effect until further court notice. The injunction primarily targets Aria DMCC, the first defendant in a stablecoin reserve misappropriation case. Techteryx Ltd, the…

Dubai Court Issues Worldwide Freeze of $456 Million Tied to Justin Sun's Stablecoin Bailout

A judge ordered a freeze of $456 million in assets tied to a stablecoin reserve bailout that reportedly involved Tron founder Justin Sun.

Dubai Court Freezes $456M Linked to Justin Sun’s Crypto Aid

Dubai’s Digital Economy Court released the order to freeze a $456 million fund linked to Justin Sun, sparking another controversy in the community.

Dubai Blocks $456M In Assets Tied To Justin Sun’s TrueUSD Rescue

Dubai’s Digital Economy Court has upheld a worldwide freezing order over $456 million linked to the reserve shortfall that forced crypto entrepreneur Justin

Dubai court freezes $456M tied to Justin Sun's TrueUSD bailout: CoinDesk

Dubai froze $456M linked to TrueUSD reserves in its first global crypto-related order involving financier Matthew Brittain. The post Dubai court freezes $456M tied to Justin Sun’s TrueUSD bailout: CoinDesk appeared first on Crypto Briefing.