FDT responds to Sun Yuchen's accusation: 500 million USD TUSD transfer is at the request of Techteryx to invest in commodities
2025-04-09 11:08:32
On April 9, according to Bitcoin.com reports, the controversial stablecoin issuer First Digital Trust (FDT) recently responded to the allegations of Tron founder Justin Sun, saying that its transfer of over 500 million US dollars of TUSD reserve funds to the Dubai ARIA fund was carried out in response to the investment instructions of its partner Techteryx. FDT said that these funds transfers, which are characterized as "commodity investments", were completed in multiple transactions, and disclosed the authorization letter signed by Techteryx on March 14, 2022 as evidence.
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