News: Stablecoin FDUSD decoupled and hit $0.87, Justin Sun revealed that First Digital Trust was insolvent

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Breaking news! TRON founder Justin Sun directly fired on X platform, saying First Digital Trust (FDT) is already insolvent, with problems paying back customer funds, and strongly recommending everyone to "act quickly and protect their assets"!

He specifically pointed out that Hong Kong has numerous loopholes in trust license review and internal risk control, calling on regulatory and law enforcement agencies to intervene quickly to prevent further losses. "Hong Kong is a global financial center. If such financial fraud happens a few more times, its reputation will be ruined!" Justin Sun also previewed a press conference tomorrow (4/3) at 2 PM (Hong Kong time), saying multiple international media will be present, suggesting big revelations are coming!

FDUSD Sharply Drops to $0.87

After the news broke, FDUSD temporarily decoupled and dropped to $0.87, reporting at $0.95 before press time. BlockTempo will continue to track this development.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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