Giá Sun [New]SUN

First Digital Trust, the issuer of the FDUSD stablecoin, has refuted recent allegations by Justin Sun. First Digital Trust labeled the allegations as false and unrelated to its operations. In a statement on X, FDT clarified that the controversy involves TrueUSD, not FDUSD ( FDUSD ). “This dispute is with TUSD and not with $FDUSD. First Digital is completely solvent,” FDT posted. The firm emphasized that FDUSD is fully backed by U.S. Treasury bills, with reserve details transparently outlined in its attestation reports. On April 2, Justin Sun claimed that First Digital Trust was insolvent after mismanaging nearly $456 million in TrueUSD reserves. Legal filings revealed that the funds were diverted into unauthorized investments, prompting Sun to provide emergency funding to Techteryx. “This is a typical Justin Sun smear campaign to attack a competitor,” FDT stated, accusing Sun of attempting to damage its business through a coordinated social media effort rather than allowing the TUSD dispute to be resolved in court. FDT reaffirmed its solvency and the security of FDUSD reserves, adding that all funds are accounted for with verifiable ISIN numbers. The company also announced plans to take legal action to defend its rights and reputation.

📢Tron founder @justinsuntron accused First Digital Trust of not redeeming $TUSD's $501M reserve. 💰 Justin Sun also stated that the HK financial institution was bankrupt which FDT has later denied. 🇭🇰 📌The firm's stablecoin FDUSD dropped from the $1 peg and crashed to

Hottest crypto insights and post tariffs reaction 1. 300M had been liquidated on the last 4 hours 2.Fidelity has introduced new nearly fee-free retirement accounts, allowing Americans to invest in Bitcoin, Ether, and Litecoin, with a 1% spread on crypto transactions. 3. $FDUSD briefly depegged by 10% after Justin Sun claimed its issuer, First Digital Trust, was insolvent, leading to $200 million in outflows before stabilizing at $0.98 4.📉 Cryptocurrency Market reaction to tariffs ВТС : 1.66T | $83,412.27 ETH : 222.50B | $1,824.86 XRP : 120.12B | $2.02 BNB : 84.92B | $596.07 SOL : 63.18B | $121.52 ▸ Total Cap: $2.71T ▼1.34% ▸ 24H Volume: $107.73B ▼39.04% ▸ BTC Dominance: 61.8% ▲ ▸ ETH Dominance: 8.3% ▼ ▸ ETH Gas: 0.88 Gwei 📈 Index Performance ▸ CMC100: $165.25 ▼1.07% ▸ Altcoin Index: 16/100 ⚡ Market Sentiment ▸ Fear & Greed: 24/100 (Extreme Fear)

🚨 ALERT: First Digital Trust, the issuer of the $FDUSD stablecoin, has stated that Justin Sun’s allegations are false and viewed by the company as a defamatory campaign. They are considering legal action.

Justin Sun accused FDT/First Digital Trust of managing TUSD's $501 million reserve but refusing to redeem it. FDT is also the issuer of FDUSD, the stablecoin currently supported by Binance. Justin Sun claimed that FDT was actually bankrupt and could not redeem customer funds. FDT