The first Digition Usd (FDUSD) after Justin Sun claims that the company is “difficult” and does not meet a recovery
A prominent Stablecoin from the US dollar was bankrupt Wednesday morning after it was claimed that its source of Hong Kong was bankrupt.
In new string On the social media platform X, the founder of the Crypto Billionaire and Tron (TRX), Justin Sun, urged his followers to “take immediate action” to protect any assets they carry in FDUSD, which is StableCoin, which is managed by the FIRST TRUST (FDT).
Sun also called on the organizers to intervene and take measures to prevent further losses and save the Hong Kong reputation as a financial power.
“First Digital Trust (FDT) is really sweet and unable to achieve customer boxes. I strongly recommend that users take immediate measures to secure their assets.
There are large gaps in both the Hong Kong confidence licensing process and managing the internal risks of its financial system.
I urge organizers and law enforcement to take quick measures to address these cases and prevent more major losses. Hong Kong’s reputation as a global financial center at stake, and similar financial fraud incidents should not occur again. ”
FDUUSD fell to about $ 0.949 earlier in the day, but has since recovered and traded for $ 0.982 at the time of writing this report, a decrease of 1.27 % over the past 24 hours.
In response, FDUSD denied Sun’s claims and will follow legal procedures to defend its reputation.
“The last allegations made by Justin Sun against First Digital Trust are completely wrong.
This conflict with tusd and not with FDUSD. The first digital is completely solvent.
Each dollar supports FDUSD is completely, safe and safe and is calculated with the US-bachered T-Bills. The exact numbers of all FDUSD reserves are determined in our certification report and are clearly calculated.
This is a typical campaign from Justin Sun to distort to try to attack a competitor for his work. As the correspondent at Coindsk also told us, we have not yet had the opportunity to defend ourselves, and instead of leaving the TUSD issue in court, Justin resorted to a coordinated effort on social media to try to harm FDUSD as a commercial competitor.
FDT will follow legal measures to protect its rights and reputation. “
Follow us xand Facebook and cable
Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox
Check the price procedure
Browse the daily Hodl Mix
& nbsp
Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Distinguished Image: Shutterstock/Yurchanka Siarhei/Sensvector
