On April 3rd, First Digital Trust stated on social media platforms, "Regarding the recent false accusations by Justin Sun against First Digital Trust, we hereby make the following solemn response:
· The dispute only involves TUSD and is completely unrelated to FDUSD. First Digital's financial condition and solvent.
· Each FDUSD is fully guaranteed by U.S. Treasury bonds, with funds secure and accounts transparent, with all reserve ISIN numbers clearly listed in our reserve report. (Within the past 24 hours, , .7 million FDUSD have been redeemed, with smooth bank redemption and market prices stabilizing).
· This is a typical smear tactic by Justin Sun aimed at attacking his As we Creporters, we the have not been given the chance to defend ourselves ourselves defend ourselves. The fact that Justin Sun has not resolved the TUSD issue through legal channels in three years precisely demonstrates its legal unviability. Bypassingtheability. framework, Instead, Sun launched a coordinated action on social media, attempting to damage FDUSD's commercial reputation and investors' interests, trying to destroy another project through public opinion.
· First Digital Trust will take legal action to protect its rights and reputation, attaching a verification report link for reference,, and will hold Q&Q&A session session on X Space at 3 pm Hong Kong time on Thursday, April 3rd, 2025.