Urgent Warning: Justin Sun Exposes Shocking FDT Insolvency & Hong Kong Crypto Regulation Flaws

Quick Summary:

The ever-vocal Justin Sun has dropped a bombshell, alleging that First Digital Trust (FDT), a Hong Kong-based crypto custodian, is facing insolvency.

This explosive claim has sent ripples through the crypto community, especially concerning the stability of TrueUSD (TUSD) reserves.

This is a serious allegation that immediately raises concerns about the security of assets held by FDT and the overall health of the crypto custodian sector.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: IndiaHong Kong

Topics: TUSD Crypto News JustinSun FDT HongKongRegulation Insolvency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 21:30:57 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 653 words

Reading Time: 4 minutes read

Sentences: 44 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 27548802

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 8 hours ago

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