Tron founder Justin Sun says he is prepared to take the ongoing conflict with First Digital Trust (FDT) to court, amid a ...

First Digital Trust Accuses TRON’s Justin Sun of Defamation in Insolvency Dispute officially kickstarted in Hong Kong this ...

Justin Sun, the founder of TRON, has intensified his accusations against First Digital Trust (FDT), a custodian based in Hong ...

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

First Digital was employed by TrueUSD’s corporate parent, Techteryx, to manage the stablecoin’s reserves prior to 2024. Although Sun previously distanced himself from the TrueUSD project, last week, ...

Sun, an advisor to TUSD operator Techteryx, claimed that between 2023 and 2024, FDT improperly directed the $456 million to Dubai-based firm Aria Commodities DMCC, instead of Cayman Islands-registered ...

In response, FDT has countered Sun's accusations by stating that the transfers were made at the request of Techteryx, the company behind TUSD. FDT shared a letter from Techteryx instructing FDT to ...

For US developer of stablecoins TrueCoin, the firm secured an anti-suit injunction to restrain BVI company Techteryx from pursuing litigation in Hong Kong. The Singapore court said the case should be ...