Sun Yuchen: The $500 million funds involved in the FDT and ARIA 'fraud case' have flowed into several banks in Dubai

Deep Tide TechFlow news, on May 3, Sun Yuchen stated that the over $500 million fraud case involving First Digital Trust (FDT) and ARIA has had its funds funneled through FDT and Legacy Trust in Hong Kong into several banks in Dubai, including Mashreq Bank, ADIB, Emirates NBD, and EFG. The individuals involved include Christian Alexander Boehnke De Lorraine Elbouef, Vincent Chok, Yai Sukonthabhund, Matthew William Brittain, and Cecilia Teresa Brittain. At the same time, the anti-fraud tracking platform web3bounty.io has officially launched for this case.

Sun Yuchen calls on the Dubai government, regulatory agencies, and banks to take decisive action to prevent Dubai from becoming a haven for financial crime.