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First Digital Trust

First Digital Trust  

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Justin Sun alleges First Digital Trust misused $500 million through Dubai banks

Justin Sun alleges First Digital Trust misused $500 million through Dubai banks

Justin Sun accuses First Digital Trust of moving over $500 million of user funds to Dubai banks.
Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

TRON founder Justin Sun has issued an update on what he describes as a “$500 million fraud” involving misappropriated TrueUSD (TUSD) reserves.  The...
Entertainment Mogul David Geffen Countersues Justin Sun Over Disputed Multimillion-Dollar Sculpture

Entertainment Mogul David Geffen Countersues Justin Sun Over Disputed Multimillion-Dollar Sculpture

David Geffen has filed a countersuit against Justin Sun, escalating a legal battle over the ownership of a sculpture by Alberto Giacometti. The pos...
FDUSD Stablecoin Fully Backed, Says First Digital Labs Amid Justin Sun Fraud Allegations

FDUSD Stablecoin Fully Backed, Says First Digital Labs Amid Justin Sun Fraud Allegations

First Digital Labs has published a new report confirming that its FDUSD stablecoin remains fully backed by reserves, as it faces fraud accusations ...
First Digital Trust sues Justin Sun for defamation over “insolvency” allegation

First Digital Trust sues Justin Sun for defamation over “insolvency” allegation

First Digital Trust filed a defamation lawsuit against Justin Sun after he publicly claimed the company was insolvent.
Justin Sun Calls Out Seven Sins by First Digital Trust

Justin Sun Calls Out Seven Sins by First Digital Trust

Justin Sun said First Digital Trust has misappropriated over $500 million in TUSD reserves through unauthorized transfers and falsified records, an...
Weekly Summary: 'Liberation Day', progress of stablecoin regulation and Ethereum's renewed DEX leadership

Weekly Summary: 'Liberation Day', progress of stablecoin regulation and Ethereum's renewed DEX leadership

Donald Trump announced a promised list of trade duties, stablecoin legislation advanced in the U.S., the Ethereum network regained the lead in trad...
Justin Sun offers $50M bounty for proof that First Digital Trust hid funds and crashed TUSD

Justin Sun offers $50M bounty for proof that First Digital Trust hid funds and crashed TUSD

Justin Sun is offering $50M bounty for information and evidence that First Digital Trust has diverted funds and has insufficient backing for its st...
Justin Sun targets First Digital Trust with $50 million bounty over alleged embezzlement

Justin Sun targets First Digital Trust with $50 million bounty over alleged embezzlement

TRON founder Justin Sun has announced a $50 million bounty program to expose the alleged $500 million embezzlement by First Digital Trust (FDT), th...
Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation

Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation

Conflicting narratives emerged Thursday regarding TrueUSD (TUSD) reserves as Tron founder Justin Sun confirmed he provided the $500 million loan fo...