Blockchain News

Urgent: First Digital Trust Defends FDUSD Reserves, Denies Damaging Allegations

In a dramatic turn of events shaking the stablecoin sector, First Digital Trust (FDT), the entity behind the FDUSD stablecoin, has vehemently denied recent allegations concerning its reserves. The firm’s swift response, directly addressing claims made by prominent crypto figure Justin Sun, highlights the intense scrutiny and high stakes within the digital asset market. Are […]

Blockchain News

Urgent Warning: Justin Sun Exposes Critical Insolvency at First Digital Trust (FDT)

Hold onto your crypto wallets! A major tremor just hit the digital asset space. Justin Sun, the influential founder of Tron, has dropped a bombshell on X (formerly Twitter), sending ripples of concern throughout the cryptocurrency community. His shocking revelation? Hong Kong-based crypto custodian First Digital Trust (FDT) is allegedly insolvent. This is not just […]