The FDUSD team has issued a statement in response to recent accusations from Justin Sun regarding First Digital Trust (FDUSD). The team asserts that these allegations are unfounded and directly related to the TUSD dispute, not FDUSD itself. They clarify that First Digital is financially sound, with every dollar invested fully accounted for through secure and US-backed securities. Details of FDUSD’s reserves are publicly available in their attestation report. The team claims this situation is a typical example of Justin Sun’s competitive tactics aiming to harm FDUSD as a competitor. They plan to take legal action to safeguard their rights and reputation. This statement, not investment advice.