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Weekly Summary: 'Liberation Day', progress of stablecoin regulation and Ethereum's renewed DEX leadership

Weekly Summary: 'Liberation Day', progress of stablecoin regulation and Ethereum's renewed DEX leadership

Donald Trump announced a promised list of trade duties, stablecoin legislation advanced in the U.S., the Ethereum network regained the lead in trad...
Apr, 07, 2025
9 min read
by Coinpaper
Justin Sun offers $50M bounty for proof that First Digital Trust hid funds and crashed TUSD

Justin Sun offers $50M bounty for proof that First Digital Trust hid funds and crashed TUSD

Justin Sun is offering $50M bounty for information and evidence that First Digital Trust has diverted funds and has insufficient backing for its st...
Apr, 04, 2025
3 min read
by CryptoPolitan
Justin Sun targets First Digital Trust with $50 million bounty over alleged embezzlement

Justin Sun targets First Digital Trust with $50 million bounty over alleged embezzlement

TRON founder Justin Sun has announced a $50 million bounty program to expose the alleged $500 million embezzlement by First Digital Trust (FDT), th...
Apr, 04, 2025
2 min read
by CryptoSlate
Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation

Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation

Conflicting narratives emerged Thursday regarding TrueUSD (TUSD) reserves as Tron founder Justin Sun confirmed he provided the $500 million loan fo...
Apr, 04, 2025
< 1 min read
by CoinEdition
Hong Kong investigates trust companies amid Justin Sun’s claims against First Digital Trust

Hong Kong investigates trust companies amid Justin Sun’s claims against First Digital Trust

Johnny Jiezhuang Wu, chairman of the Hong Kong Legislative Council Web3 and Digital Assets subcommittee, has announced that legislators are investi...
Apr, 03, 2025
3 min read
by CryptoPolitan
Justin Sun Reports $500M Embezzlement at First Digital Trust to Hong Kong Authorities

Justin Sun Reports $500M Embezzlement at First Digital Trust to Hong Kong Authorities

Justin Sun reports $500M embezzlement at First Digital Trust to Hong Kong authorities, alleging severe financial misconduct that impacted stablecoi...
Apr, 03, 2025
4 min read
by Cryptonews
Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the ...
Apr, 03, 2025
2 min read
by CryptoSlate
South Korea to Allow Foreign Crypto Investments with AML Compliance

South Korea to Allow Foreign Crypto Investments with AML Compliance

Crypto community members have been watching the dispute between Justin Sun and Hong Kong financial institution, FDT. On the other hand, market pric...
Apr, 03, 2025
2 min read
by TheNewsCrypto
Tron’s Justin Sun Accuses First Digital Trust (FDT) of Being Insolvent and Demands Hong Kong Authorities Intervene

Tron’s Justin Sun Accuses First Digital Trust (FDT) of Being Insolvent and Demands Hong Kong Authorities Intervene

Justin Sun, the founder of TRON, accused First Digital Trust (FDT), the issuer of FDUSD, of being insolvent and unable to back up its token.
Apr, 03, 2025
3 min read
by ZyCrypto
First Digital Pursues Legal Action Against Justin Sun for False Claims

First Digital Pursues Legal Action Against Justin Sun for False Claims

The First Digital assured its users that FDUSD continues its 1:1 backing and its redemption channel is operating without any issues. It has complet...
Apr, 03, 2025
2 min read
by TheNewsCrypto