.tusdio's proof of reserves attestation was performed by the same team that worked on FTX_Official's audit, thesamreynolds reports.
Executives at Archblock, which supports the TrueUSD stablecoin, have previously endorsed the Armanio team in prior emails to CoinDesk and said they would continue to use The Network Firm.
“The firm may be new, but the partners have been working in the industry for a long time, and many of the team members were part of the initial attestation engine,” Archblock’s Chief Financial Officer Alex de Lorraine previously told CoinDesk.The stablecoin issuer is currently trying to shore up confidence in its stablecoin, which has de-pegged, as it reiterates that its exposure to Prime Trust – which has beenby The Network Firm showed that TrueUSD has $26,000 worth of funds at U.S.
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