First Digital responds to Justin Sun's allegations: The dispute only involves TUSD and has nothing to do with FDUSD. First Digital has full solvency

律动BlockBeats|Apr 03, 2025 06:48
According to BlockBeats, on April 3rd, First Digital Trust stated on social media that it has made the following solemn response to Justin Sun's recent false accusations against First Digital Trust:
·The dispute only involves TUSD and has nothing to do with FDUSD. First Digital has a stable financial condition and sufficient solvency.
·Each FDUSD is fully guaranteed by the US treasury bond. The fund is safe and the account can be checked. The ISIN numbers of all reserves are clearly listed in our reserve report. Over the past 24 hours, 87 million FDUSD have been redeemed, with smooth bank redemptions and market prices stabilizing.
·This is a typical smear campaign by Justin Sun aimed at cracking down on his business competitors. As we have stated to CoinDesk reporters, we have not yet had the opportunity to defend ourselves, and Justin Sun's failure to resolve the TUSD issue through legal means within three years of this incident demonstrates that it is not legally feasible. Justin Sun broke free from the legal framework and instead launched a coordinated action on social media, attempting to damage FDUSD's business reputation and investor interests, and using public opinion to destroy another project.
·First Digital Trust will take legal action to protect its rights and reputation. The authentication report link is attached for verification, and an online Q&A session will be held on April 3, 2025 (Thursday) at 3pm Hong Kong time in X Space
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