On April 2, 2025, Justin Sun posted on social media that FDUSD issuer First Digital Trust (FDT) has effectively gone bankrupt and is unable to fulfill customer fund redemption obligations. Users are strongly advised to take immediate action to protect their assets. There are significant loopholes in Hong Kong's trust licensing process and the internal risk management of the financial system. Regulatory authorities and law enforcement have been urged to take swift action to address these issues and prevent further significant losses. Hong Kong's reputation as a global financial center is at risk, and similar financial fraud incidents must not happen again. #巨鲸动向 #美国加征关税

On April 2, 2025, Justin Sun posted on social media that FDUSD issuer First Digital Trust (FDT) has effectively gone bankrupt and is unable to fulfill customer fund redemption obligations. Users are strongly advised to take immediate action to protect their assets. There are significant loopholes in Hong Kong's trust licensing process and the internal risk management of the financial system. Regulatory authorities and law enforcement have been urged to take swift action to address these issues and prevent further significant losses. Hong Kong's reputation as a global financial center is at risk, and similar financial fraud incidents must not happen again. #巨鲸动向 #美国加征关税