Skip to content

xpool.eu

crypto news aggregator

by: xpoolPosted on: April 2, 2025

Justin Sun Claims First Digital Trust Insolvent, Urges Action After TUSD Reserves Mismanagement

Tron founder Justin Sun has declared that Hong Kong-based fiduciary firm First Digital Trust (FDT) is insolvent and unable to fulfill client redemption requests. This announcement comes amidst claims of misappropriated funds from TrueUSD stablecoin reserves by FDT, now the subject of legal action. 🤯 💰

Related posts:

  1. Fake SBF Account Spreads Unverified Claims in Crypto Realm
  2. From Donor to Disgraced: Sam Bankman-Fried’s New Political Stance
  3. FTX Bankruptcy Costs Approaching $1 Billion, Making it Among Most Expensive Ever
  4. Justin Sun Reports $500M FDUSD Embezzlement Case in Hong Kong
Crypto FTX Stablecoins

Post navigation

Previous PostPrevious Open-Source AI Framework Outperforms Perplexity, Fuels Web3 Innovation
Next PostNext Visa Proposes $100 Million Deal to Become Apple Card’s New Payment Network

#BTC AI Altcoin Altcoins Binance Bitcoin Blockchain BlockDAG Cardano Coinbase Crypto Cryptocurrency Crypto Market Crypto Regulation DeFi Dogecoin ETF Ethereum Finance Fintech Investment MAGACOINFINANCE Market Analysis Market Trends Market Volatility Meme Coins Pi Network Presale Price Prediction Qubetics Regulation Ripple SEC Security Shiba Inu Solana Stablecoin Stablecoins SUI Tariffs Technical Analysis Trading Trump Web3 XRP

Copyright © 2025 xpool.eu
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}