Frutti Dino (FDT) news

$50M Bounty Goes Live on Web3Bounty.io to Trace Misappropriated Funds Linked to FDT and Aria

$50M Bounty Goes Live on Web3Bounty.io to Trace Misappropriated Funds Linked to FDT and Aria

Justin Sun Accuses First Digital Trust of Misusing $500 Million via Dubai Banks

Tron founder Justin Sun urged local regulators to investigate the $500 million transfers, freeze suspicious inflows, and prevent Dubai from becoming a hub for crypto-related fraud.

Justin Sun: $500 Million Involved in FDT and ARIA "Fraud Case" Has Flowed to Multiple Banks in Dubai

Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

Justin Sun shared more details on how over $500M in TUSD reserves were misappropriated via FDT and ARIA-linked entities. The funds passed through Dubai banks, prompting calls for regulatory intervention. Named individuals include TrueCoin, FDT, Finoport, and ARIA Commodities executives.

First Digital Trust sues Justin Sun for defamation over “insolvency” allegation

Share link:In this post: First Digital Trust filed a defamation lawsuit against Justin Sun after he publicly claimed the company was insolvent. Sun’s accusations caused the FDUSD stablecoin to briefly de-peg to $0.87 on April 3 before it recovered. FDT requested a court injunction to stop Sun from repeating his claims and demanded that he retract his statements.

First Digital Trust counters Justin Sun’s accusations

The Daily: Justin Sun says he 'welcomes' legal action, BlackRock taps Anchorage Digital as custodian, Binance's tax evasion lawsuit in Nigeria tempor

Quick Take Justin Sun says he “welcomes” legal action from First Digital over stablecoin dispute. Top spot Bitcoin ETF issuer BlackRock adds Anchorage Digital as custodian. Binance tax evasion trial in Nigeria adjourned until April 30 on “substituted service” argument.

Justin Sun says he 'welcomes' legal action from First Digital over stablecoin dispute

Quick Take Tron founder Justin Sun said he is open to taking his dispute with First Digital Trust to court. The dispute stems from Sun’s claim that FDT misappropriated $465 million worth of TrueUSD stablecoin reserves, while FDT denies all allegations.

$456 million fraud claim sparks crypto controversy

Justin Sun Accuses First Digital Trust of $500M Embezzlement, FDT Denies Claims

Tron founder Justin Sun has taken legal action against First Digital Trust (FDT), the issuer behind the FDUSD stablecoin, alleging the company misappropriated nearly $500 million in client funds.

Justin Sun targets First Digital Trust with $50 million bounty over alleged embezzlement

FDUSD Loses Peg After Justin Sun Raises Solvency Concerns About First Digital Trust

Urgent Alert: Justin Sun Uncovers Shocking $500M FDUSD Embezzlement in Hong Kong

Justin Sun steps in amid TUSD reserve crisis as FDT denies bankruptcy claims

Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Justin Sun Reveals Nearly $500 Million Trust Fund Theft, Calls for Strengthened Regulations to Protect Public Interests

FDUSD Depegged After Insolvency Rumor Hits First Digital

FDUSD lost 11% of its peg after Justin Sun raised concerns over First Digital Trust’s solvency and fund redemptions.Justin Sun Sparks Market PanicMarket Awaits Official Response

Justin Sun quietly rescues TUSD after $456 million reserves become illiquid

FDUSD Depegging Crisis: Justin Sun Accuses FDT of $456M Fraud, the Latter Denies Insolvency

Binance's stance is that this is a lawsuit between Justin Sun and TUSD, not FDUSD; Binance's FDUSD can be redeemed 1:1

Justin Sun: FDT has fallen into insolvency and is suspected of fraud, calling on Hong Kong regulators to take decisive measures

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

Justin Sun Warns Users to Secure Assets, Citing FDT’s Insolvency

Justin Sun Steps In to Stabilize TUSD After $456M Crisis

Justin Sun: When I said that First Digital Trust had gone bankrupt, I was stating a fact

Why is this Ethereum Whale Accumulating Despite Mounting Selling Pressures?

FDT Insolvency Buzz, FDUSD Depeg Stoke Fears: Hong Kong Oversight Questioned

First Digital Trust (FDT), FDUSD issuer, reportedly faces insolvency and has halted client redemptions. FDUSD has depegged, trading below $1 amid high volume, raising stability concerns and highlighting potential Hong Kong regulatory gaps. Links to TUSD and Binance add layers of complexity and potential systemic risk, given FDUSD’s $2.59B market cap.