On Wednesday morning after being claimed to have bankruptcy, a prominent stable stable stable stable stability
Justin Sun, the founder of Crypto Billionaire and TRON (TRX) in the new thread of social media platform X, to followers to protect all the assets held by FDUSD, a stablecoin managed by FDT (First Digital Trust) I urged you to take it.
SUN also demanded that regulators would take action and take action to prevent further losses and save their reputation as financial authority in Hong Kong.
“FDT (First Digital Trust) cannot effectively go bankrupt and cannot fulfill customer fund repayment. The user strongly recommends taking immediate measures to secure assets.
Hong Kong’s trust license process and internal risk management of financial systems have significant loopholes.
I urge regulators and law enforcement agencies to solve these problems and take prompt measures to prevent more major losses. Hong Kong’s reputation is becoming dangerous as a global financial center, and similar financial frauds should never happen again. ”
FDUSD fell to about $ 0.949 early that day, but it was recovered afterwards, and it was traded to $ 0.982 when writing was reduced by 1.27% over the last 24 hours.
As a result, FDUSD has denied Sun’s claim and will pursue legal measures to defend its reputation.
“The recent claim of Justin Sun’s First Digital Trust is completely false.
This dispute is related to TUSD, not FDUSD. The first digital is completely solvent.
All dollar support FDUSDs are completely safe, safe and safe and occupy US support T-Bills. The exact number of ISINs of all reserves of FDUSD is stated in our proof report and clearly explained.
This is a typical Justin Sun Smear campaign to attack your business competitors. As we said to the reporter of Coindesk, we haven’t had a chance to defend ourselves yet, and instead of dealing with the TUSD problem in court, Justin instead relied on social media efforts to impair FDUSD as a business competitor.
FDT will take legal actions to protect rights and reputation. ”
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