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MyConstant Founder Fined $10M for TerraUSD Fund Misuse


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The US Commission and Exchange Commission (Sec) reached an agreement with Hundh Tran Quang DUYAlso known as DUY HUYNH, the founder of the locked platform to the ThemChingant.

According to the Sec’s Sort released the 5th of August, Funds of Huyn investor Acquiring steady stable terrain with money that was supposed to be part of a low risk loan program.

Between 2020 and 2022, myconstant has raised more than $ 20 million than 4,000 users. The platform offers reaches up to 10% and describes the investment as little risk.

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However, the Sec is say Hindh took $ 11.9 million from those funds and they used to buy dirtedA tofane that has lost almost all its value during its collapse in 2022. Those Latino decision to lose about $ 7.9 million.

In addition to the purchase of landsed, HUYHH allegedly used 415,000 415,000 of customer money for personal expenses. I am After losses, secse pretensions tried to the users for the updates of mistakes that include borrowed loans data.

To solve charges, Huynh has accepted repay more than $ 8.3 millions, together with $ 1.5 million in interest. I am I have too pay a civilian end of $ 750,000 in two weeks. I am

As part of the establishment, is not admitted or denied the results of the sec.

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$ 1,71b



and bithumb’s


844 $, 666



New loans borrowed legal and security concerns from south regulators. What happened? Read the full story. I am




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