First Digital: Justin Sun accusations against FDT are false, and FDUSD reserves are safe and reliable

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ODAILY
04-03
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news report: First Digital, the issuer of FDUSD, posted on X platform stating that Justin Sun's allegations against First Digital Trust are false. This dispute is related to TUSD and has nothing to do with FDUSD. First Digital is fully solvent, and FDUSD reserves are safe and reliable, backed by U.S. Treasury bonds. The exact ISIN numbers for all FDUSD reserves are listed in their certification report with clear documentation. First Digital added that this is a typical defamation action by Justin Sun aimed at attacking business competitors, and FDT will take legal action to protect its rights and reputation.

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