Web3Bounty.io Launches $50M Bounty to Recover Misappropriated TUSD Funds
- Approximately $456 million of TrueUSD (TUSD) stablecoin reserves have been misappropriated.
- A $50 million bounty pool is available for information leading to asset recovery.
- The breach involved Hong Kong licensed trust companies and intermediaries exploiting regulatory loopholes.
- Web3Bounty.io allows whistleblowers and investigators to submit verified leads for potential bounties.
- Justin Sun, Founder of TRON, endorsed the platform’s launch on social media.
A new bounty program on Web3Bounty.io offers a $50 million reward pool for credible information aiding in the recovery of approximately $456 million in misappropriated TUSD funds. The initiative targets misconduct by Hong Kong licensed trust companies and intermediaries.
Source (2.6)https://cryptobriefing.com/web3-bounty-program-tusd-funds/?rand=59535