#Circle上市

Last night, the stablecoin FDUSD experienced extreme volatility and plummeted sharply before recovering. A friend in the group lost over 70,000 U due to the fluctuations of the stablecoin, simply because he exchanged all his FDUSD for USDT during the crash, which is even more painful than losing money in contracts.

Last night, Brother Sun pointed directly at the issuer of FDUSD, FDT, claiming that First Digital Trust (FDT) has gone bankrupt and is unable to fulfill its obligations to redeem customer funds, in fact, it has fallen into insolvency.

This led to the sharp volatility of FDUSD last night, and countless users hurriedly traded, resulting in losses. However, shortly after Brother Sun's post, BN's sister personally responded and blasted Sun Yuchen, and FDUSD also decided to sue Sun Yuchen.

If the bankruptcy of FDT is not established, will Sun Yuchen be responsible for these users' losses?