儘管 SEC 達成和解，TrueUSD (TUSD) 證明仍顯示 99.7% 的儲備存放在 First Digital Trust 中

最近，美國證券交易委員會 (SEC) 與 TrueUSD (TUSD) 的前營運商 TrustToken 和 TrueCoin 達成和解，指控這兩家公司將穩定幣的支持發送給了「投機性且高風險的離岸商品基金」。

The Securities and Exchange Commission (SEC) recently settled with TrustToken and TrueCoin, the former operators of TrueUSD (TUSD), over allegations that the firms sent the backing for the stablecoin to “a speculative and risky offshore commodity fund.”

美國證券交易委員會 (SEC) 最近與 TrueUSD (TUSD) 的前營運商 TrustToken 和 TrueCoin 達成和解，指控這兩家公司將穩定幣的支持發送給了「投機性且高風險的離岸商品基金」。

According to the SEC's complaint, the fund, which was offered by First Digital Trust in Hong Kong, engaged in trade finance, structured trade, export finance, import finance, supply chain financing, and project financing of various entities. The complaint further alleged that more than 99% of the assets backing TUSD were placed in this speculative fund.

根據SEC的訴狀，該基金由香港First Digital Trust發行，從事貿易融資、結構性貿易、出口融資、進口融資、供應鏈融資以及多個實體的專案融資。投訴還稱，支持 TUSD 的超過 99% 的資產都存放在該投機基金中。

The SEC's investigation revealed that TrueCoin and TrustToken became aware of redemption issues at the fund in 2022. However, they failed to disclose this material information to TUSD holders or the public, in violation of federal securities laws.

SEC 的調查顯示，TrueCoin 和 TrustToken 在 2022 年就意識到該基金的贖回問題。

It's important to note that this settlement didn't include Techteryx, the firm that now owns TrueUSD. Techteryx has repeatedly denied that it's under the control of Justin Sun, who was described as an “Asia markets advisor” for TrueUSD. However, the former chief executive of TrustLabs has claimed that Sun tried to acquire the firm.

值得注意的是，此次和解並不包括 Techteryx，該公司目前擁有 TrueUSD。 Techteryx 一再否認其受到 Justin Sun 的控制，孫宇晨被描述為 TrueUSD 的「亞洲市場顧問」。然而，TrustLabs 前執行長聲稱 Sun 試圖收購該公司。

A recent review of an attestation for TrueUSD reveals that approximately 99.7% of the reserves for this stablecoin are still held at First Digital Trust, despite the allegations in the previous SEC settlement.

最近對 TrueUSD 證明的審查顯示，儘管 SEC 先前的和解中提出了指控，但該穩定幣約 99.7% 的儲備仍保存在 First Digital Trust 中。

The attestation was conducted by Moore Hong Kong, the same firm that was involved in the SEC's investigation. In its attestation, Moore Hong Kong valued investments in that fund “at cost” and noted that its “procedures do not include an examination over the fair market value of the investments within the Fund.”

該證明由摩爾香港公司進行，該公司也參與了美國證券交易委員會的調查。摩爾香港在證明中「按成本」對該基金的投資進行估值，並指出其「程序不包括對該基金內投資的公平市場價值的審查」。

This means that even if the fair value of assets in that fund had fallen to zero, this attestation would continue to report the value at cost invested.

這意味著即使該基金資產的公允價值降至零，該證明仍將繼續報告投資成本價值。

Moreover, the notes from Techteryx management, which were signed by Jennifer Jiang (also of Sun-affiliated BiT Global, Sun-owned Polonieix, Sun-advised HTX, and Sun-owned BitTorrent), also state that these assets “may not be readily convertible to cash, subject to market conditions or fund performance.”

此外，由 Jennifer Jiang（也是 Sun 旗下的 BiT Global、Sun 旗下的 Polonieix、Sun 建議的 HTX 和 Sun 旗下的 BitTorrent）簽署的 Techteryx 管理層的說明也指出，這些資產「可能不會輕易被使用」。根據市場狀況或基金表現兌換成現金。

Currently, the reserves for the approximately $495 million in TUSD consist of approximately $502 million held at First Digital and approximately $1 million in cash.

目前，約 4.95 億美元的 TUSD 儲備包括 First Digital 持有的約 5.02 億美元和約 100 萬美元的現金。

Protos reached out to TrueUSD to identify the fund in which it is currently invested, but the company did not immediately respond.

Protos 聯繫了 TrueUSD，以確定其目前投資的基金，但該公司沒有立即回應。