🕵️♂️ Web3? Traditional finance? A series of behind-the-scenes operations?
Sun Yuchen publicly exposed a case involving traditional financial institutions and Web3 platforms at the latest press conference. FDT (First Digital Trust) is accused of manipulating entrusted public trust funds behind the scenes, implicating many small and medium-sized investors and crypto asset users.
What is the essence of this press conference?
→ It is not hype, not politics, but an international accusation against the blurring boundaries of the financial system and the loss of trust custodial mechanisms.
Previously, I found many new types of exchanges around the corner in Hong Kong.
📉 Why is an institution with a rating of 2.9 still operating?
The real rating of 'HKD Exchange' on Google is only 2.9 (out of 9 reviews), with many one-star reviews pointing out: 'The office is closed', 'Unable to withdraw after using the app'.
Let me ask: In a region like Hong Kong that prides itself as 'Asia's international financial center', how can an institution with such concentrated negativity still operate?
This is not a simple 'market issue'; it is a lack of regulation.
As a global manager with a background in Swiss hotel management and commercial internships in several European countries, I must publicly comment on the recent 'HKD Exchange' incident in Hong Kong that has drawn widespread attention. This is not just a collapse of a single financial institution; it is a severe blow to the global financial trust system.
🧠 From the perspective of Swiss banking culture, what is the cost of 'trust'?
In Switzerland, I have personally encountered the operational logic of several private banks and funds:
Every client custodian fund must be operated within a closed loop under the three-tier structure of law, audit, and fiduciary responsibility.operation.
Whether you are a traditional family trust or a blockchain newcomer, the trust mechanism is never just a slogan; it is a system.
Hong Kong, once a model for trust business in Asia, now frequently exposes financial platforms that 'hang a sheep's head to sell dog meat', which is heartbreaking.
The world does not lack technology; what it lacks is 'trustworthy structures.'
When institutions like 'HKD Exchange' swagger through the gaps in the system, the ones who get hurt are always ordinary investors.
This is a Waterloo for the reputation of Hong Kong's financial industry and a loud wake-up call:
Financial globalization is not an export of risk, but a mirror reflecting governance levels.
—— Ryan, Global Business Strategist
So I began to gradually sell off the USDT in my hands,
no longer chasing the volatile short-term market,
but instead investing in truly future-valued asset-based tool upgrades and transformations.
I have always believed that:
The certainty of tool-based assets is always greater than the stimulation of short-term hot spots.
Infrastructure provides the most stable ROI.
In every gold rush,
the ones who truly make money are not the ones who dig the most,
but those who secure the water source in advance, those who guard the entrance to the mine.
Choose the right track, seize the right position, and leave no way out for latercomers — this is the ultimate barrier.
Currently, I have listed several high-value Web3 / AI-related tool domains on the Go Daddy platform for public display.
You can also directly search and check on Go Daddy, it's transparent and trackable.
Of course, if you want to save on intermediary fees, feel free to message me directly.
