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Justin Sun, TRON CEO, got into a fight with a stablecoin provider First Digital Trust (FDT), accusing them of deceiving clients.
— Justin Sun says: “First Digital Trust (FDT) is effectively insolvent and unable to fulfill client fund redemptions”.
— FDUSD Stablecoin loses its dollar peg amid the news, dropping 7%.
— FDT denies Justin Sun's claims.
— Justin Sun posted again: “First Digital Trust (FDT) is, in fact, already insolvent. This is a factual statement, devoid of any emotion”.
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Anonymous Poll
61%
Yes, I think so
39%
Probably no
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Crypto is the new gold rush. Share a trusted channel with your friends — just the key insights without fluff.
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* — crypto exchange that collapsed in 2022 due to fraud and poor management of client funds.
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