Lawyers for FTX’s disgraced former boss, Sam Bankman-Fried (SBF), have reached an agreement with prosecutors allowing him to contact certain FTX employees. Besides certain restrictions, the 30-year-old may contact such parties through a host of new mediums. The New Rules Updated terms surrounding Bankman-Fried’s contact restrictions were sent to Lewis A. Kaplan – a judge for the Southern District of New York – in a letter on Monday. Bankman-Fried’s lawyers said the updated conditions were a response to the government…
TrueUSD
TrueUSD (TUSD) Stablecoin Explained
TrueUSD (TUSD) is a stablecoin, a type of cryptocurrency pegged to the value of a fiat currency, in this case, the US dollar. The value of TUSD is meant to remain relatively stable, unlike other cryptocurrencies, such as Bitcoin or Ethereum, whose value can fluctuate greatly. TUSD is issued by TrustToken, a company that aims to create asset-backed tokens that can be traded on blockchain platforms. The company holds US dollars in escrow, and for every TUSD token issued, a…
Block Education
@BlockEducation
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