Data: A whale starting with 0xf28 opened a $4 million TUSD short position on Aave

ChainCatcher news, according to on-chain data, a whale address starting with 0xf28 deposited 7.5 million USDC as collateral on Aave yesterday, borrowed 4 million TUSD, and immediately exchanged all TUSD for USDC through 1inch. Previously reported, TrueUSD announced on June 10 that it has temporarily halted the minting of TUSD through Prime Trust, pending further notice.

Prime Trust announced yesterday that it received a regulatory order from Nevada to stop all fiat and cryptocurrency deposits and withdrawals. In addition, cryptocurrency custody company BitGo announced yesterday that it has decided to terminate the acquisition of Prime Trust. (source link)