TrueUSD clarification: The address starting with 0x7bA7 has no permissions on the TUSD smart contract and is not associated with the team

2023-10-23 18:27:57

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ChainCatcher news, stablecoin issuer TrueUSD released a statement clarifying that the address (0x7bA7EF06A2621267f063eF2DB2d482D5B507D8b3) has no permissions over the TUSD smart contract; it is specifically designated for token deployment and has no authority over the current TUSD contract or user token assets, nor does it affect the operation of TUSD. This address is not owned or controlled by the TUSD team, and there is no association between the TUSD team and this address.

TrueUSD stated that since the end of 2020, the TUSD team has owned the TUSD contract. The TUSD token is protected by a smart contract, which is securely owned and managed by the TUSD team.

Earlier today, there were analyses suggesting that one of the private keys used to deploy TrueUSD may have been leaked, as the TEURO contract was deployed by the TrueUSD deployer.

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