#TrumpTariffs On April 3rd, TRON founder Justin Sun revealed a major financial fraud involving the misappropriation of fiat reserves of TUSD (TrueUSD) at a press conference. In this incident, financial institutions including the licensed trust company in Hong Kong, First Digital Trust Limited (FDT), Legacy Trust Company Limited (Legacy Trust), and a private company in Dubai colluded to misappropriate $456 million of customer funds. Justin Sun stated that while providing financial support to TUSD holders, namely Techteryx, he noted that this case not only threatens public interest but also exposes serious vulnerabilities in the trust industry and harms Hong Kong's reputation as a global financial center.