First digitally denies the allegations, threatens legally action

First digital confidence, the FDUSD StanCoin issuer, refused the recent allegations of Justin Sun.
The first digital confidence marked the allegations as false and unrelated to their business. In the statement of K, FDT clarified that the controversy includes Truesd rather than FDODD (Fdusd).
“This dispute is with TUSD, not with $ FDUSD. The first digital is a complete solvent”, Published FDT.
The company emphasized that the FDUSD fully supports American state records, with details of reserves transparently referred to in its reports on witnesses.
Associals of the insolvency of Justin Sun
2. April, Justin Sun claimed This first digital confidence was insolvent after a bad increase in almost 456 million dollars of true reserves.
Legal submissions found that the funds were redirected to unauthorized investments, which encouraged the sun to provide urgent financing of Techterik.
“This is a typical campaign of the sun’s strema for competitor,” FDT stated that the sun is trying to inflict its work with coordinated social media efforts, not enabling the resolution of the TUSD dispute.
The FDT reaffirmed its solvency and safety of the FDUSD reservation, adding that all funds are calculated with the check of ISIN NUMBERS.
The company also announced plans to take legal action to defend its rights and reputations.
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2025-04-02 23:18:00