Sun Yuchen's account claims that First Digital Trust is insolvent, and FDUSD has significantly depegged to 0.88.

robot
Abstract generation in progress

TRON founder Justin Sun stated: Protecting users, protecting Hong Kong First Digital Trust (FDT) is actually insolvent and unable to fulfill its obligations to redeem customer funds. I strongly advise users to take immediate action to safeguard their asset security. There are significant loopholes in the trust license approval process and internal risk control within the financial system in Hong Kong. I urge regulatory agencies and law enforcement to intervene quickly, ascertain the issues, and prevent further significant losses. Hong Kong's reputation as a global financial center is facing a severe test, and similar financial fraud incidents must not happen again.

FDUSD fell sharply, and the spread with USDT reached 1:0.88:

In this article, Sun Yuchen's account claims that First Digital Trust is insolvent, and FDUSD has significantly decoupled to 0.88, first appearing in Chain News ABMedia.

FDUSD-0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
EATREAvip
· 04-02 15:57
j şhvğj ih ğu j ğj ğj ij hşh ihvijvjşvğu ij ji ih ji hşhş hihij
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)