First of all, holding FDUSD is not illegal in any region, and this is clear. Secondly, whether it is a lawsuit against @justinsuntron or @FDLabsHQ, it is legally feasible because their personal or operational entities are in Hong Kong, which has clear legal jurisdiction.

The real grounds for the lawsuit are not because of your personal losses, but because they are suspected of false information, especially if FDT is found to have engaged in financial statement fraud, which constitutes fraud.

If this fraud ultimately leads to your economic losses, then your chances of winning the case are very high, even to the point of being almost 100%.

PS: Evergrande is listed in Hong Kong, but can Evergrande sue the Hong Kong Stock Exchange? The answer is no. My advice is already optimal; if you don't believe it, there's nothing I can do.

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