First Digital Trust Saga: Justin Sun To Launch $50M Bounty Program To Recover TUSD Reserves

coingape.com As the First Digital Trust saga deepens, Tron founder Justin Sun has announced plans to launch a bounty program. The outspoken founder says the bounty will seek to recover…

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

cryptoslate.com TRON founder Justin Sun has announced a $50 million bounty program to expose the alleged $500 million embezzlement by First Digital Trust (FDT), the issuer of the FDUSD…

Justin Sun fights a lot of lawsuits on behalf of companies he doesn’t own

protos.com Justin Sun frequently tangles with the legal system, historically as a defendant, but increasingly as the plaintiff. These cases often involve firms of which Sun disclaims…

Stablecoin adoption grows with new US bills, Japan’s open approach

cointelegraph.com Stablecoins are front and center of late: critical bills have made their way through US Congress, First Digital’s coin briefly depegged over reserve concerns, and Coinbase’s…

First Digital redeems $26M after FDUSD depeg, dismisses Sun insolvency claims

cointelegraph.com has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of insolvency by Tron founder Justin…

Elizabeth Warren wants Trump and SEC probed over crypto ties

protos.com On Wednesday, US Senator Elizabeth Warren called for the Securities and Exchange Commission (SEC) watchdog to investigate whether the Donald Trump administration profited…

Is First Digital Trust in Crisis? Justin Sun Exposes $100M Deficit

coinpedia.org Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on…

Lawmakers Urge SEC to Preserve Records on Trump-Linked Crypto Firm

cryptopotato.com Two Democratic legislators have requested the U.S. Securities and Exchange Commission (SEC) to preserve and disclose records related to World Liberty Financial (WLFI). In an…

Justin Sun’s allegations of FDUSD insolvency cause 9% depeg

blockworks.co This is a segment from the 0xResearch newsletter. To read full editions, subscribe. FDUSD, the sixth-largest stablecoin (market cap $2.5 billion), saw a significant depeg…

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

cryptonews.com Tron founder Justin Sun has once again become the center of a high-stakes financial dispute, this time accusing Hong Kong-based financial firm First Digital Trust (FDT) of…

First Digital defends FDUSD from Justin Sun’s attacks

protos.com First Digital Trust has taken to X to defend its First Digital USD (FDUSD) stablecoin against attacks from cryptocurrency entrepreneur Justin Sun. In the statement, First…

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

cryptoslate.com Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are…

Wintermute transfers $75M FDUSD since depegs, in $3M arbitrage opportunity

cointelegraph.com Market makers’ blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin. The First Digital US…

Justin Sun Calls For Hong Kong Trust Reforms After $456M TUSD Fund Scandal

coinpedia.org The post Justin Sun Calls For Hong Kong Trust Reforms After $456M TUSD Fund Scandal appeared first on Coinpedia Fintech News Recently, Tron founder Justin Sun stepped in…

Justin Sun Accuses First Digital Trust of $500M Misappropriation, Prompting FDUSD Depeg and TUSD Bailout

thedefiant.io Justin Sun, founder of the Tron blockchain, has accused First Digital Trust (FDT) of misappropriating $500 million in client reserve funds, leading to a significant depeg of…

Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations

coindesk.com HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong…

Binance-Backed FDUSD Stablecoin Loses Dollar Peg Following Justin Sun Accusations

decrypt.co A stablecoin called First Digital USD (FDUSD) lost its dollar peg on Wednesday after Tron founder Justin Sun claimed that its issuer, First Digital Trust, is effectively…

STABLE Act Moves Forward with Bipartisan Push as Stablecoin Competition Ramps Up

beincrypto.com The US House Financial Services Committee voted 32-17 to pass the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025, aimed at…

DXY Hits 2024 Low Post-‘Liberation Day’: Analysts Anticipate Bitcoin Surge

beincrypto.com Amid the recent implementation of President Trump’s “Liberation Day” policies, the US Dollar Index (DXY) has plummeted to its lowest level since mid-October 2024. This…

Justin Sun Accuses First Digital Trust of Insolvency, FDUSD Depegs to $0.87

beincrypto.com Tron founder Justin Sun accused First Digital Trust of being insolvent regarding its TUSD stablecoin. This prompted another FDUSD, another asset from the same company, to…

Lawmakers Press SEC for Details on Trump’s Crypto Connections

decrypt.co A $400 million crypto payday tied to the Trump family is now the focus of an escalating political firestorm, one that lawmakers say could compromise the integrity of U.S.…

Justin Sun steps in amid TUSD reserve crisis as FDT denies bankruptcy claims

coinjournal.net Justin Sun funds TUSD amid a $456M reserve crisis. First Digital Trust (FDT) denies insolvency claims and calls the claims a smear campaign. FDT’s FDUSD stablecoin depeged,…

Warren, Waters Push SEC on Whether Trump Admin is Influencing Crypto Regulation for Personal Gain

cryptonews.com Sen. Elizabeth Warren and Rep. Maxine Waters are calling on the US Securities and Exchange Commission (SEC) to clarify whether political interference tied to the Trump…

Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions

dailyhodl.com A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media…

First Digital Trust Denies Justin Sun’s Allegations, Claims Full Solvency

coingape.com Following a reserve crisis that hit TrueUSD and Justin Sun’s intervention, First Digital Trust denied claims of insolvency. The Trust, at the center of the fiasco, says it…

Tron Founder Justin Sun Provides Emergency Funding to Stabilize TUSD Amid Reserve Crisis

cryptonews.com Key Takeaways: Justin Sun’s emergency funding for TUSD shows the critical role of swift intervention in stabilizing a major stablecoin during a severe liquidity crisis.…

Democrat lawmakers press SEC for records on Trump family-backed World Liberty Financial

cryptoslate.com Senator Elizabeth Warren and Representative Maxine Waters requested on April 2 that the US Securities and Exchange Commission (SEC) preserve and provide records related to…

FDUSD stablecoin depegs following insolvency claims by Justin Sun

cointelegraph.com The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2 following claims of insolvency from Tron network founder Justin Sun, who said that the issuer of…

FDUSD issuer refutes Justin Sun’s insolvency allegations, calls it a ‘smear campaign’

cryptoslate.com denied Justin Sun insolvency allegations and said its stablecoin is fully backed with US Treasury bills. Sun had made the allegation earlier in the day in a social media…

Justin Sun bailed out $500M stablecoin TUSD, report

protos.com Court filings in Hong Kong and reporting from CoinDesk have revealed that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves became stuck…

Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency

coinpedia.org The post Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency appeared first on Coinpedia Fintech News In a…

FDUSD Depegs After Justin Sun Alleges Insolvency

thedefiant.io FDUSD, a $2.5 billion stablecoin, briefly depegged by 10% after Tron founder Justin Sun called its issuer, First Digital Trust, insolvent. “First Digital Trust (FDT) is…

Justin Sun Declares First Digital Trust Insolvent, FDUSD Depegs as Binance Holds $1.67B

thedefiant.io Justin Sun has announced that First Digital Trust (FDT), the Hong Kong-based issuer of the stablecoin FDUSD, is effectively insolvent and unable to fulfill client fund…

Tron Founder Justin Sun Steps In To Stabilize TUSD After $456M Reserve Crisis

coingape.com Justin Sun, the founder of Tron, stepped in to provide crucial financial support to TrueUSD (TUSD) following a $456 million reserve crisis that left the stablecoin’s…

Justin Sun urges users to exit First Digital Trust amid insolvency concerns

cryptobriefing.com Justin Sun issued a public warning earlier today, declaring that Hong Kong-based First Digital Trust (FDT) is insolvent and unable to fulfill redemptions. In a post on X,…

Tron's Justin Sun Bailed Out TUSD as Stablecoin's $456M Reserves Were Stuck in Limbo, Filings Show. Warns users First Digital Trust (FDT) is effectively…

coindesk.com Justin Sun bailed out Techteryx's TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and…

Justin Sun quietly rescues TUSD after $456 million reserves become illiquid

cryptobriefing.com Tron founder Justin Sun provided emergency funding to stabilize TrueUSD after $456 million of the stablecoin’s reserves became illiquid, according to Hong Kong court…

ACT and Several Other Altcoins Suddenly Crash 50% on Binance: Here’s What Happened

thecryptobasic.com The ACT token, as well as several other altcoins, witnessed sharp slumps on Binance today, with varying speculations around the actual cause. A dramatic event occurred on…

Binance Update Sparks 50% Decline For Solana Meme Coin ACT: Details

coingape.com A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for…

Justin Sun: Forbes Cover Marks New Beginning, Vows 40-Year Commitment to Crypto Industry

beincrypto.com Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as…

Justin Sun Features on Forbes Cover, Talks Crypto and Trump-Linked Investments

cryptonews.com Key Takeaways: Forbes highlights Sun’s efforts to blend digital currencies with classic finance. His career reflects a mix of bold moves and a push to integrate crypto into…

Justin Sun’s Forbes article prompts geography lesson from Liberland

protos.com A Forbes article on Justin Sun, the founder of Tron and prime minister of pro-blockchain micronation Liberland, prompted a correction from the small self-proclaimed country…

Ex-CFTC Chair Warns of Corruption Risks in Trump-Linked Crypto Projects

beincrypto.com In an exclusive interview with BeInCrypto, former US CFTC Commissioner Timothy Massad explains how President Trump’s crypto ventures and political power have significantly…

It’s official

dlnews.com World Liberty Financial, the Trump family’s purported DeFi project, has long hinted that it plans to issue a stablecoin to compete with market giants Tether and Circle.…

Justin Sun: TRON Meme Season 2.0 Embodies the Community-Driven Spirit of Web3

beincrypto.com Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as…

Trump launches the stablecoin USD1 on BNB Chain and Ethereum

en.cryptonomist.ch World Liberty Financial, a crypto project supported by the President of the United States Donald Trump, has launched the stablecoin USD1 on BNB Chain and Ethereum.…

Trump’s crypto project launches stablecoin on BNB Chain, Ethereum

cointelegraph.com The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million. According to data from…

Traders speculate about mystery crypto exec behind alleged $10B divorce

protos.com A mystery crypto exec, said to be in the midst of a $10 billion divorce battle, may have found an unlikely ally and legal advisor in the form of controversial crypto mogul…

Meme Coin Market Cools: Can Justin Sun and Tron Lead the Next Surge?

beincrypto.com Justin Sun’s latest moves hint at an upcoming meme coin explosion on the Tron network. Blockchain networks like Solana and, more recently, BNB Chain have witnessed strong…

Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price?

newsbtc.com TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX’s rising price, sparking a discussion in the cryptocurrency community.…

TRON Surges 9% in a Week: Excitement Sparked Following Justin Sun X Post

cryptonews.com climbed 9% over the past week, reaching $0.238373 as of March 23, 2025. The price rose 1.25% from the previous day, fluctuating between $0.2406 and $0.2334. Several…

Justin Sun bats for TRON Halving! Impact on TRX’s price will be…

ambcrypto.com TRON’s ecosystem is considering a proposal to reduce the rate of TRX emission through halving • Justin Sun believes that just like Bitcoin, a TRX halving will benefit both…

Tron Founder Justin Sun Weighs In On TRX Halving Proposal

coingape.com Tron founder Justin Sun has waded into the ecosystem’s conversation amid a push to explore avenues to enhance the protocol’s deflationary status. The Tron ecosystem is…