TRON Founder Justin Sun Alleges FDUSD Issuer is ‘Effectively Insolvent’—First Digital Trust Fires Back
The cryptocurrency space was rocked this week by bold accusations from TRON founder Justin Sun, who claimed that First Digital Trust (FDT), the issuer of the FDUSD stablecoin, is “effectively insolvent.” Sun warned users to secure their assets from any projects linked to FDT, citing serious concerns about the company’s ability to fulfill redemption requests….