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Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act
Yahoo Finance· 2025-11-27 23:15
HONG KONG — Justin Sun, the founder of the Tron blockchain and an adviser to TrueUSD issuer Techteryx, returned to the podium in Hong Kong with a more forceful version of allegations he first aired in April, accusing First Digital Trust (FDT), a fiduciary company, and its CEO Vincent Chok of exploiting gaps in the city’s trust company framework to move hundreds of millions of dollars in TUSD reserves offshore. At a Thursday press conference in the city, Sun alleged the Hong Kong trust company not only rer ...