ChainCatcher message, according to the reserve report, the stablecoin TrueUSD (TUSD) has $26,434 in a U.S. depository institution that has been ordered to halt withdrawals, of which $26,269 is related to customer withdrawal exchange tokens, but it does not specify which U.S. institutions the funds are held in.TrueUSD previously stated that it has "no exposure" to the crypto custodian Prime Trust and suspended minting TUSD tokens through Prime Trust on June 10. (source link)

ChainCatcher news, according to on-chain data, a whale address starting with 0xf28 deposited 7.5 million USDC as collateral on Aave yesterday, borrowed 4 million TUSD, and immediately exchanged all TUSD for USDC through 1inch. Previously reported, TrueUSD announced on June 10 that it has temporarily halted the minting of TUSD through Prime Trust, pending further notice.Prime Trust announced yesterday that it received a regulatory order from Nevada to stop all fiat and cryptocurrency deposits and withdrawals. In addition, cryptocurrency custody company BitGo announced yesterday that it has decided to terminate the acquisition of Prime Trust. (source link)