On April 2, Justin Sun posted on social media that FDUSD publisher First Digital Trust (FDT) has actually gone bankrupt and cannot meet its client fund redemption obligations. Users are strongly advised to take immediate action to protect their assets. There are significant loopholes in Hong Kong's trust licensing process and internal risk management of the financial system. Regulators and law enforcement agencies have been urged to act quickly to address these issues and prevent further significant losses. Hong Kong's reputation as a global financial center is at stake, and similar financial fraud incidents must not happen again.
Justin Sun: FDUSD issuer is bankrupt and unable to fulfill his redemption obligation
打狗大师
04-02 23:27
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