Justin Sun’s emergency bailout of TUSD: Inside techteryx’s $456M liquidity crisis

3-4-2025 – Tron founder Justin Sun emerged as a pivotal figure in rescuing Techteryx’s TrueUSD (TUSD) stablecoin, stepping in with emergency funding when nearly half a billion dollars of its reserves became trapped in illiquid assets. Court documents from Hong Kong reveal that Sun’s intervention, structured as a loan, came around July 2023, a [. . source: https://www.cointrackdaily.com/justin-suns-emergency-bailout-of-tusd-inside-techteryxs-456m-liquidity-crisis/