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Category First Digital Trust

MainNewsFirst Digital Trust
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...
Apr, 04, 2025
3 min read
by CryptoPolitan
Binance’s FDUSD stablecoin regains its dollar peg after flash crash

Binance’s FDUSD stablecoin regains its dollar peg after flash crash

First Digital USD (FDUSD) crashed and de-pegged as low as 13% after Justin Sun claimed its issuer, First Digital Trust, did not hold sufficient fun...
Apr, 03, 2025
4 min read
by CryptoPolitan
Hong Kong court filings show Justin Sun bailed out TUSD stablecoin issuer after losing $450M reserves

Hong Kong court filings show Justin Sun bailed out TUSD stablecoin issuer after losing $450M reserves

According to a Hong Kong court filings, Justin Sun stepped in to bail out Techteryx’s TrueUSD (TUSD) stablecoin after it saw nearly half a billion ...
Apr, 02, 2025
5 min read
by CryptoPolitan
Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push

Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push

FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong's digital asset regulations, benefitting from crypt...
Apr, 10, 2024
by CoinDesk
TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins

TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approxima...
Mar, 24, 2024
by Bitcoin News