What happened with TUSD wasn't some operational hiccup or regulatory gray area. This was a full-blown, cross-border heist — orchestrated by people and entities who knew exactly what they were doing. They exploited trust. They broke every fiduciary rule in the book. And they walked away with $456 million that belonged to users.



No confusion. No accident. Just calculated theft dressed up in corporate language. The kind of scheme that takes planning, coordination, and a stunning disregard for the people whose money was on the line. When institutions meant to safeguard assets become the ones draining them, that's not just fraud — it's a collapse of the entire trust infrastructure this space claims to run on.
TUSD-0.01%
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GasGoblinvip
· 12-07 01:52
This is the current state of Web3: even the institutions themselves don't trust themselves.
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probably_nothing_anonvip
· 12-07 01:51
ngl this is outright theft, there's nothing to argue about, 456 million is just gone like that
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AirdropCollectorvip
· 12-07 01:46
It's the same old trick again. Institutions rely on trust to scam money, and $456M is just gone like that... This is fucking ridiculous.
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StillBuyingTheDipvip
· 12-07 01:30
ngl this is just ridiculous, institutions are supposed to protect us but instead they're the ones profiting at our expense. Trust is really being messed up.
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