The first digital confidence is based on Justin Sun to ignite on the claim of “insolvency”
Hong Digital Trust (FDT) was filed a lawsuit against Justin Sun for his claims that the company had been insolvent since it transferred more than $ 450 million from its guardians to a private company in Dubai without its approval and did not return the money.
As a result, the Fdusd Stablecoin removes it shortly on April 3 Sun’s accusations. However, it has since regained.
Moreover, the company requested a judicial order to prevent SUN from publishing “similar words” into insolvency data.
First Digital Trust takes the statements of Justin Sun seriously and filed a lawsuit against him
Earlier, the founder of TON Justin Sun initially participated in the X Publisher, which was called for the digital number. In addition, a press conference held in Hong Kong at the end of last week, where he accused the company of fraud.
This paid the first digital confidence to file a lawsuit against Justin Sun for defamation on insolvency allegations. The summons order requested the first phase of a defaming lawsuit that was filed late last week, from the Hong Kong Supreme Court, granting an order prohibiting Sun from talking about the case in the future. In addition, the company requested a convincing judicial order to restore what it mentioned earlier.
In addition, First Digital Trust asked the court to issue a prize for damage, without mentioning the exact amount, to cause damage to the plaintiff’s work and illegal interference with the contractual and commercial relations of the plaintiff.
The initial court listening session has not yet been determined. Sun did not respond to this; However, Share X Publisher The virtue of any legal action. Moreover, Sun’s spokesperson remained silent about this case.
It is worth noting that HCA 680 was the case number at Hong Kong Supreme Court.
FDT claims that Fdusd Stablecoin has proven flexible
After previous accusations, Sun also stated that First Digital Trust also dismantled the Hong Kong Securities Laws.
On April 3, FDT stated in a statement about X that they are strongly denying any and all allegations that FDT participated in a coordinated plan or the embezzlement of funds. Meanwhile, First Digital assured the customers that it was a solvent and that FDUSD was still fully supported and recovered.
Moreover, FDT claimed that Sun and Techteryx, the company that issued Trueusd Stablecoin, was trying to change the blame and avoid their responsibilities in managing TUSD reserves appropriately.
Based on the FDT argument, “The Tecrancex and Justin Sun’s suggestion of the first digital confidence is not only incorrect, but it is a malicious attempt to damage the reputation and the FDT and Stablecoin market.”
Interestingly, after Justin Sun First accused the digital of being affected, felling fell, and decreased to $ 0.87. However, the company has recovered nearly 26 million dollars from Stablecoins. Moreover, the first digital participation Another x post Highlighting that they continued to treat extracts without problems, proving FDUSD flexibility.
Cryptopolitan Academy: Tired of market fluctuations? Learn how Defi can help you build a fixed negative income. Score
