In the time since Sun made his first claim on X that First Digital was insolvent, the Tron founder has since doubled down on ...

First Digital Trust (FDT) has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US ...

First Digital Trust filed a defamation lawsuit against Justin Sun after he publicly claimed the company was insolvent.

First Digital Labs has published a report confirming that its FDUSD stablecoin remains fully backed by reserves.

Justin Sun said First Digital Trust has misappropriated over $500 million in TUSD reserves through unauthorized transfers.

FDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its reserves, though the company said Wednesday that it was ...

First Digital Trust (FDT) 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 Sun.