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Dubai’s Digital Economy Court has ordered a worldwide freeze on $456 million linked to a breach of trust involving TrueUSD, a stablecoin issuer. The dispute arises from claims that funds from TrueUSD’s reserves were improperly redirected to Aria Commodities DMCC, a Dubai firm owned by financier Matthew William

Dubai’s Digital Economy Court has ordered a worldwide freeze of $456 million connected to a dispute involving the TrueUSD stablecoin. The court found compelling evidence of a breach of trust regarding the reserve funds that were allegedly misappropriated into Aria Commodities DMCC, a Dubai-based trade-finance firm. Techteryx claims that

Dubai’s Digital Economy Court has ordered a worldwide freeze on $456 million linked to Justin Sun’s financial assistance to Techteryx, the issuer of the TrueUSD stablecoin, due to evidence of a breach of trust. The dispute revolves around claims that TrueUSD’s reserves were improperly used to fund

Shares of VisionSys AI, a brain-machine and AI firm, fell over 77% in one day following its announcement of a registered direct offering intended to raise around $12 million. This significant decline marks an 88% drop over the past week, with current shares priced at $0.29. The company, which

VisionSys AI (VSA), a publicly traded brain-machine and artificial intelligence company, recently announced a stock offering that sent its shares plummeting by more than 77%. Following the news, VSA stock dropped to approximately $0.29, reflecting a staggering decline of over 88% in just a week. The firm had ambitious

Shares in VisionSys AI (VSA), a firm focused on brain-machine interface technology, plummeted by over 77% on Wednesday following the announcement of a stock offering aimed at raising approximately $12 million. The stock has fallen more than 88% over the past week, trading at about $0.29 per share, the