image source head

Justin Sun: FDT failed to pay investment interest since early 2023, and US$500 million of funds were transferred to Dubai private company accounts without authorization

trendx logo

Reprinted from panewslab

04/03/2025·1M

PANews April 3, Justin Sun said in a live broadcast titled "First Digital Trust (FDT) embezzlement of public trust funds and Aria investment scams": "The important reason we chose to deposit in First Digital Trust (FDT) is because FDT is a Hong Kong licensed trust company. FDT failed to pay investment interest in early 2023, which aroused the alertness of Techteryx and began to entrust a professional investigation team to conduct a one-year thorough investigation. Under the endorsement of Truecoin Finance Director Alexander Lauren, FDT was appointed as the custodian of TUSD fiat currency reserves. US$500 million of funds were transferred to a private company account in Dubai without authorization."

more