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The cryptocurrency world is in an uproar again, and Sun Yuchen has issued a '50 million reward order' to capture the 'cryptocurrency thief'.
Tron founder Sun Yuchen (@justinsuntron) announced today that he is offering a reward of 50 million USD to track down the mastermind behind FDT company's alleged misappropriation of 500 million USD TUSD reserves. This chase, considered to have the 'highest bounty in cryptocurrency history', has ignited heated discussions in the community: Can such a high reward truly uncover the truth, or is it just another game for traffic?
Origin of the event: The mysterious 'disappearance' of TUSD reserves.
The event can be traced back to 2020 when Techteryx took over the stablecoin TUSD and entrusted the funds to FDT company. However, Sun Yuchen revealed that FDT secretly transferred 500 million USD to the Dubai company Aria Commodities DMCC without authorization — the actual controller of this company is the wife of FDT CEO Zhuo Junqiang (Vincent Chok). More dramatically, this fund was invested in high-risk mining projects, which led to TUSD liquidity nearing collapse. Sun Yuchen stated that he was forced to spend 500 million USD to rescue the market, only to discover that FDT executives were siphoning off 15.5 million USD in commissions through the shell company Glass Door, angrily denouncing this act as 'systematic fraud'.
FDT urgently cuts ties, and Sun Yuchen's 'bounty war' escalates.
In response to the accusations, FDT quickly emphasized its financial health and attempted to distance its other issued stablecoin FDUSD from the controversy. But Sun Yuchen is clearly intent on 'not resting until dead', directly issuing a global bounty: Whether it’s the police, internal whistleblowers, or hacker experts, anyone who provides key clues to help recover the funds can share the 50 million USD. He boldly stated on Twitter: 'This money was taken too ridiculously; I want to make sure the criminals have nowhere to hide!'
Bounty hunters are eager, but will the money really be collected?
Although 50 million USD is enough to achieve financial freedom for an ordinary person, some netizens still question the possibility of cashing out. Sun Yuchen, however, proudly promised: 'Money is not the point; justice in Web3 is!' He even joked, 'Make sure to give me a share when the funds are recovered.' This chase, filled with capital games, legal gray areas, and community revelry, may just be beginning.
Tron founder Sun Yuchen (@justinsuntron) announced today that he is offering a reward of 50 million USD to track down the mastermind behind FDT company's alleged misappropriation of 500 million USD TUSD reserves. This chase, considered to have the 'highest bounty in cryptocurrency history', has ignited heated discussions in the community: Can such a high reward truly uncover the truth, or is it just another game for traffic?
Origin of the event: The mysterious 'disappearance' of TUSD reserves.
The event can be traced back to 2020 when Techteryx took over the stablecoin TUSD and entrusted the funds to FDT company. However, Sun Yuchen revealed that FDT secretly transferred 500 million USD to the Dubai company Aria Commodities DMCC without authorization — the actual controller of this company is the wife of FDT CEO Zhuo Junqiang (Vincent Chok). More dramatically, this fund was invested in high-risk mining projects, which led to TUSD liquidity nearing collapse. Sun Yuchen stated that he was forced to spend 500 million USD to rescue the market, only to discover that FDT executives were siphoning off 15.5 million USD in commissions through the shell company Glass Door, angrily denouncing this act as 'systematic fraud'.
FDT urgently cuts ties, and Sun Yuchen's 'bounty war' escalates.
In response to the accusations, FDT quickly emphasized its financial health and attempted to distance its other issued stablecoin FDUSD from the controversy. But Sun Yuchen is clearly intent on 'not resting until dead', directly issuing a global bounty: Whether it’s the police, internal whistleblowers, or hacker experts, anyone who provides key clues to help recover the funds can share the 50 million USD. He boldly stated on Twitter: 'This money was taken too ridiculously; I want to make sure the criminals have nowhere to hide!'
Bounty hunters are eager, but will the money really be collected?
Although 50 million USD is enough to achieve financial freedom for an ordinary person, some netizens still question the possibility of cashing out. Sun Yuchen, however, proudly promised: 'Money is not the point; justice in Web3 is!' He even joked, 'Make sure to give me a share when the funds are recovered.' This chase, filled with capital games, legal gray areas, and community revelry, may just be beginning.
🔥 Breaking news! TRX officially lands in the Solana ecosystem, while the official Twitter announces the slogan "Tron Meme Season"! 🚀
As soon as the news broke, TRX surged directly, and even though the overall market was down, it couldn't stop TRX's K-line from moving against the trend. Is Brother Sun really going to start a new wave? 🔥
⚡ Solana high performance + TRX powerful applications = infinite possibilities!
🌊 The storm has arrived, are you ready?
#TRONEcoStar #JustinSun #defi #BTC #meme板块关注热点
$TRX
As soon as the news broke, TRX surged directly, and even though the overall market was down, it couldn't stop TRX's K-line from moving against the trend. Is Brother Sun really going to start a new wave? 🔥
⚡ Solana high performance + TRX powerful applications = infinite possibilities!
🌊 The storm has arrived, are you ready?
#TRONEcoStar #JustinSun #defi #BTC #meme板块关注热点
$TRX
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