Mars Finance reported that Justin Sun stated that First Digital Trust (FDT) has fallen into a state of insolvency, unable to fulfill its customer fund redemption obligations. Despite significant violations, the institution continues to operate in Hong Kong under the guise of public trust. He noted that this exposes regulatory loopholes in Hong Kong's trust industry, threatening public interests and damaging Hong Kong's reputation as a financial center. Justin Sun expressed support for Techteryx's civil lawsuits and criminal reports initiated in the Hong Kong High Court and the US Department of Justice, among other locations, and has hired top global law firms to push for accountability. He called on Hong Kong's regulatory and law enforcement agencies to take swift action and prevent such behaviors from continuing under licensed institution names.