Drama with First DigitalThe Saga Continues
But wait, there’s more! On April 2, Justin Sun claimed that First Digital Trust was as solvent as a sinking ship after mismanaging nearly $456 million in TrueUSD reserves. 
According to legal filings, the funds were diverted into unauthorized investments, leaving poor Techteryx in need of an emergency bailout from Sun himself. 
Not one to hold back, FDT fired back, calling Sun’s accusations a “typical Justin Sun smear campaign” aimed at taking down a competitor. They accused him of trying to damage their business through a coordinated social media effort instead of letting the courts handle the TUSD dispute. 
But fear not, dear investors! FDT reassured everyone that they’re still solvent and that all FDUSD reserves are accounted for, complete with verifiable ISIN numbers. 
And just when you thought it couldn’t get any juicier, FDT announced plans to take legal action to defend its rights and reputation. Popcorn, anyone?
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2025-04-02 23:20