[Celsius Bankruptcy Asset Disposal Party Accuses TrueUSD Issuer of Misappropriating Customer Deposits for High-Risk Speculation] According to a report by Jinse Finance, in October 2025, the Celsius bankruptcy liquidation party filed a lawsuit against Archblock, TrueCoin, and TrustToken. These companies previously jointly operated TrueUSD (TUSD) and other 'True' series stablecoins, before the related business was taken over by Techteryx, a company associated with Justin Sun. The lawsuit alleges that the stablecoin operators invested customer deposits into high-risk offshore investments, akin to 'gambling,' while the related partners denied any fiduciary responsibility for the funds. In a response submitted in November, Archblock denied the allegations. However, Techteryx, which currently operates TrueUSD, has also filed a lawsuit against First Digital, accusing it of misappropriating custodial funds and investing them in speculative assets. This accusation is also mentioned in the U.S. Securities and Exchange Commission (SEC) lawsuit against TrueUSD. The SEC claims that TUSD's dollar reserves were once transferred into 'speculative and high-risk offshore commodity funds.' The SEC's filing further states that TrueCoin and TrustToken, among the companies involved, were aware of redemption issues with the commodity fund as early as 2022.