FDT responded to Justin Sun accusation: This is a typical smear campaign. FDT will take legal action and will hold a Space Q&A session at 15:00 today.

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ODAILY
04-03
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Odaily Planet Daily News: FDT officially issued a statement regarding Justin Sun's recent false accusations against First Digital Trust, with the following solemn response: 1. The dispute only involves TUSD and is completely unrelated to FDUSD. First Digital's financial condition is stable, with full solvency; 2. Each FDUSD is fully guaranteed by U.S. Treasury bonds, with fund safety assured, accounts verifiable, and all reserve fund ISIN numbers clearly listed in our reserve report. (Within the past 24 hours, 87 million FDUSD have been redeemed, with smooth bank redemption and market price stabilizing); 3. This is a typical smear campaign by Justin Sun aimed at attacking his business competitors. As we told CoinDesk reporters, we have not been given the opportunity to defend ourselves. The fact that Justin Sun did not resolve the TUSD issue through legal channels in three years precisely indicates it cannot withstand legal scrutiny. Justin Sun has stepped outside legal frameworks and launched coordinated actions on social media, attempting to damage FDUSD's commercial reputation and investor interests, trying to destroy another project through public opinion; 4. First Digital Trust will take legal action to protect its rights and reputation, attaching verification report links for reference, and will hold an online Q&A session on X Space at 3 pm Hong Kong time on Thursday, April 3, 2025.

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