1. Archblock Files Chapter 11, Alleges Fraud and Blames Justin Sun-Linked Techteryx Deal
Archblock, the original firm behind the stablecoin TrueUSD, has filed for Chapter 11 bankruptcy, alleging it was defrauded by a sophisticated criminal enterprise and pointing to a failed deal with Justin Sun-linked Techteryx. The company, along with sister firms TrustToken and TrueCoin, cites Techteryx's failure to pay...