Stablecoins associated with First Digital Trust (FDT) temporarily explodes as Justin Sun warns of insolvency
In a sudden junction, Justin Sun, a prominent character in the TRX (TRX), revealed that First Digital Trust (FDT), a technology -based financial institution based in Hong Kong, is actually affected and unable to cover its obligations. In the X Publication on April 2 during the late Western financial markets, Sun noted that FDT has a large loophole in managing the internal risks of its financial systems and the Hong Kong confidence license process.
“I urge the organizers and law enforcement to take quick measures to address these issues and prevent more major losses. Hong Kong reputation as a global financial center at stake, and similar financial fraud accidents should not occur again,” male.
Meanwhile, Sun will be issued at a press conference on the crisis that is unveiled on April 3.
Market impact
After this advertisement, the FDUSD, supported by the Binance Excination, fell directly by the Binance Super released more than 2 percent to trading about 97 cents at the time of writing this report. The average evaluation, with a fully diluted evaluation of about $ 2.54 billion and average daily trading volume of about $ 6.9 billion, was disposed of for the first time to 91 cents, before clarifying the air.
According to HE, the co -founder of Binance, Sun is to sue Trueusd (Tusdsing Trueusd (Tusd), which is about $ 495 million and a 24 -hour trading volume of about $ 56 million. However, he indicated that Binance continues to ensure customer safety.
“No one knew that Brother Sun would be tweeting in the middle of the night, but Binance launched Stablecoin from Launcher. We’ll check money regularly and have our control of risks. We are looking for a post -FDUUSD list, trying to understand the situation, and invite people in the middle of the night. We issue just a logical judgment.”
