Although the probability of FUD is quite high, the official @FDLabsHQ has not made any response so far, which is somewhat inaction. From the current perspective, FDUSD has likely been sold off for about 400 million USD, and approximately 50 million USD (the data is not very accurate) has been used to support buying. Currently, there are a large number of users picking up the pieces around 0.98.
Currently, the 1% depth is less than 4 million USD, and the depth is only one-tenth of the usual, but it can be seen that the depth is gradually increasing, with a large amount of funds going to active market makers. This crisis is likely to be overcome, but the affected users may have no way out.
Once again, I urge @justinsuntron and @sunyuchentron to provide a reason as to whether the accountability for TUSD has mistakenly harmed FDUSD, or if there is indeed solid evidence indicating that FDUSD is insolvent. If this is the case, it suggests that the official audit report of FDUSD is fraudulent, and I recommend that @heyibinance conduct a thorough investigation into this matter.
Additionally, the media in the cryptocurrency space should not just fan the flames; they should conduct a clear investigation. Conclusions should not be drawn directly from one person's statements, as this leads to user losses.
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