On the 3rd (local time), according to foreign media such as The Block, Sun's founder said, "Hong Kong Legislative Council Member Wu
"First Digital Trust (FDT)
First Digital Trust is the issuer of FDUSD. It also said it had submitted relevant documents to regulatory and judicial authorities.
"I am confident that those involved will be brought to justice," he said. Sun's founder had previously raised concerns about First Digital Trust's ability to repay its loans.
The price of DUSD fell below $1, causing a depeg.
2025/04/04 13:44 KST
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