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香港的法庭文件和Coindesk的报道透露,Tureusd背后的公司Techteryx要求贾斯汀·孙(Justin Sun)储备在第一个数字信托中陷入困境,并有效地破产了。
Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves became stuck in First Digital Trust and it became effectively insolvent, unable to redeem its tokens, local reports from Hong Kong and coverage by CoinDesk have revealed.
Techteryx是Tureusd背后的公司,要求贾斯汀·孙(Justin Sun)储备在第一座数字信托基金中,并有效地破产,无法赎回其代币。
This runs contrary to certain public claims by TrueUSD that during the period in question, it continued to claim that it was backed “1:1” by US dollars — even after it started having redemption issues with First Digital.
这与Trueusd的某些公众主张相反,即在有关期间,它继续声称它是通过美元支持“ 1:1”的 - 即使它开始使用第一个数字兑换问题。
These claims relate to TrueUSD’s relationship with First Digital Trust, which was its primary asset manager.
这些主张与Trueusd与首先是其主要资产经理的Digital Trust的关系有关。
TrueUSD trusted First Digital to manage its reserve, and First Digital Trust invested in trade finance on its behalf. TrueUSD has since alleged that it was unable to redeem those funds and that First Digital directed some assets to another firm, “Glass Door,” apparently without permission from Techteryx.
TrueUsd信任第一数字来管理其储备金,并代表其对贸易融资进行了投资。此后,Trueusd声称它无法兑换这些资金,并且首先未经Techteryx允许将某些资产引向另一家公司“ Glass Door”。
SEC case
SEC案
This insolvency was also at the center of the Securities and Exchange Commission (SEC) case against TrueUSD, which clearly alleged that TrueUSD misrepresented its “1:1” backing.
这种破产也是针对Tureusd的证券交易委员会(SEC)案的中心,该案件清楚地声称Tureusd歪曲了其“ 1:1”的支持。
TrueUSD agreed to settle this case, and in its current Hong Kong case, it notes that it “did not dispute the complaint.”
Trueusd同意解决此案,并在目前的香港案中指出,它“没有对投诉提出异议”。
The SEC case also revealed publicly that TrueUSD’s problems were related to First Digital Trust and that the fund that First Digital marketed to TrueUSD was described in other documents as only suitable for those who could “bear the risk of losing most or all of their investment.”
SEC案子还公开透露,Trueusd的问题与第一个数字信托有关,并且在其他文档中将第一个数字销售的基金描述为仅适用于那些可能“承担损失大部分或全部投资的风险”的人。
Read more: What’s up with TrueUSD and the rest of TrustToken’s stablecoins?
阅读更多:Trueusd和Trusttoken的其他稳定者怎么了?
Strangely, even after this settlement, a close review of TrueUSD’s attestations seems to suggest that TrueUSD remained invested in First Digital, likely related to the fact that it was unable to redeem these funds.
奇怪的是,即使在达成和解之后,对Trueusd的证明的仔细审查似乎表明Trueusd仍然投资于第一个数字,这可能与无法兑换这些资金的事实有关。
Even in today’s attestation, prepared by Moore Hong Kong, it is revealed that nearly all of the reserves, worth over $500 million, are still held at First Digital. The accounting firm further notes that those portions of the reserves are “reported at cost,” and that its “procedures do not include an examination over the fair market value of the investments.”
即使在今天由摩尔香港编写的证明中,也据透露,几乎所有价值超过5亿美元的储备仍然在首先数字上持有。这家会计师事务所进一步指出,这些储量的这些部分是“以成本报告的”,并且“程序不包括对投资的公平市场价值进行检查”。
Even management’s notes to the report signed by Jennifer Jiang show that the assets that First Digital invested in are not “readily convertible to cash.” They also note that “Techteryx has already engaged alternative liquidity, separate from the reserves of USD denominated collateral.”
即使管理层在詹妮弗·江(Jennifer Jiang)签署的报告中的注释也表明,首次投资的资产并不是“容易转换为现金”。他们还指出:“ Techteryx已经参与了替代流动性,与美元的抵押品的储备区分开。”
However, notably, the website homepage no longer claims “1:1” backing.
但是,尤其是该网站主页不再声称“ 1:1”支持。
Hong Kong case
香港案
The Hong Kong suit echoes the need for alternative liquidity, noting that it “has engaged liquidity solutions to reinforce the integrity of the TUSD stablecoin.”
香港诉讼呼应了对替代流动性的需求,并指出它“聘用了加强TUSD Stablecoin完整性的流动性解决方案”。
CoinDesk’s reporting suggests that this liquidity came from Sun and was structured as a loan.
Coindesk的报告表明,这种流动性来自太阳,并作为贷款结构构成。
This liquidity was necessary because First Digital would not or could not service the redemptions that TrueUSD requested, and the total damage from this is the entire value still invested with First Digital.
这种流动性是必要的,因为首先数字将无法或无法为Tureusd要求的赎回服务,而这是该赎回的总损失,这是仍然用第一个数字投资的全部价值。
Read more: TrueUSD was hacked and issued fake tokens
阅读更多:Trueusd被黑客入侵并发出了假令牌
The lawsuit also claims that “secret payments” were transferred to bank accounts in the name of Legacy Trust, another trust firm run by Chok that previously worked with TrueUSD and has a close relationship with First Digital Trust.
该诉讼还声称,“秘密付款”是以Chok经营的另一家信托公司的名义转移到银行帐户的,该公司以前曾与Tureusd合作,并与First Digital Trust有着密切的关系。
TrueUSD alleges that these payments were an “illicit kick-back” and claims that it only became aware of them last month.
Trueusd声称这些付款是“非法的踢脚”,并声称上个月才意识到它们。
It also makes a more exceptional claim, specifically that Chok claimed that First Digital Trust “was raising funds from other customers and would repay the plaintiff with such funds.” This is behavior that TrueUSD alleges is “akin to a ‘Ponzi’ scheme.”
这也提出了一个更加异常的主张,特别是Chok声称第一笔数字信托“正在从其他客户那里筹集资金,并将通过此类资金偿还原告”。这是Trueusd声称的行为“类似于“庞氏案”计划。
Justin Sun’s role
贾斯汀·孙的角色
Justin Sun has claimed that he does not own Techteryx or TrueUSD but has been identified as an “Asia Market Advisor” to TrueUSD.
贾斯汀·孙(Justin Sun)声称,他不拥有Techteryx或Trueusd,而是被确定为Tureusd的“亚洲市场顾问”。
He has also previously admitted that he is a “partner market maker” for TrueUSD
他以前还承认,他是Tureusd的“合作伙伴做市商”
This is important because Techteryx has claimed publicly that TrueUSD was not owned by Justin Sun.
这很重要,因为Techteryx已公开声称Trueusd并非由Justin Sun拥有。
Read more: TrueUSD bank FlowBank forced into bankruptcy
阅读更多:Tureusd Bank Flowbank被迫破产
However, this has been previously cast into doubt by a pro se lawsuit filed by the former TrustLabs Chief Executive, Daniel Jaiyong An, who claimed that Sun, with the assistance of Can Sun, tried to acquire TrueUSD.
但是,此前,这位前TrustLabs首席执行官Daniel Jaiyong An提起的一项职业诉讼以前对此表示怀疑,后者声称Sun在Can Sun的协助下试图收购Trueusd。
This new loan from Sun to Techteryx suggests that Sun may have more entwined business relationships with Techteryx than previously disclosed.
从Sun到Techteryx的这笔新贷款表明,Sun可能与Techteryx具有比以前披露的更多的纠缠业务关系。
Currently, 80% of TUSD tokens on Ethereum are held in three addresses that received all their TUSD from Sun-advised HTX.
目前,以太坊上有80%的TUSD令牌在三个地址中持有,这些地址从Sun Audvised HTX获得了所有TUSD。
On Tron, nearly 90% of TUSD tokens are held in two addresses that received all their TUSD from Sun-advised HTX.
在Tron上,将近90%的TUSD令牌持有两个地址,这些地址从Sun Audvised HTX中获得了所有TUSD。
TrueUSD and First Digital did not respond to a request for comment before publication.
Trueusd和First Digital在发布之前没有回应置评请求。
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