Justin Sun: TrueCoin suspected of conspiring with FDT to illegally transfer $456 million in TUSD reserves to Dubai company

律动BlockBeats
律动BlockBeats|Apr 03, 2025 06:43
According to BlockBeats, on April 3rd, Justin Sun stated during his live stream that TrueCoin is suspected of conspiring with institutions such as FDT to transfer $456 million of TUSD statutory reserves to a private company in Dubai wholly owned by the wife of the aforementioned Cayman fund investment manager through false documents and unauthorized transfers. Vincent Chok, CEO and director of FDT and Legacy Trust, directly approved these illegal transactions, seriously violating trust obligations
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