On October 23rd, it was announced that stablecoin issuer TrueUSD clarified in a statement on October 16th that they have "no relationship" with TEURO. However, blockchain analysis company ChainArgos analyzed that the TEURO token contract was deployed using one of TrueUSD's private keys. Given that TrueUSD acknowledged being hacked no later than September 18th and TEURO was deployed 10 days ago, there seems to be only one explanation: 1. Someone has some of TrueUSD's private keys; 2. This means that TrueUSD may not have revealed the full truth about the extent of the hack;

3. Considering that someone (Justin Sun) successfully minted 850 million TUSD three days before the acknowledged hack date, the situation is especially dangerous. This means that at least it is possible that the reserve of TUSD has been stolen by someone holding the company's private keys.

The TUSD team's response to this matter is as follows: The TUSD team provided feedback to WuBlockChain, stating that the "hacking attack" and TEURO are two separate incidents. The hacking attack targeted a third-party partner of the former TUSD operator and may have resulted in the potential leakage of user information. However, the contracts controlled by the TUSD team are secure. The team also clarified that Justin Sun's minting of TUSD is unrelated to this matter, as the team only mints coins after receiving user funds.