First Digital Trust
Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act
Sun accused FDT of exploiting gaps in Hong Kong’s trust company regime and urged regulators to act after a Dubai court froze assets linked to the alleged misappropriation.
First Digital Trust Files Defamation Claim Against Justin Sun
First Digital seeks an injunction to restrain Sun from publishing "similar words" to claims about insolvency.
Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations
Sun said at a press conference that the current laws contain systemic loopholes.
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on.
Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push
FDUSD has quickly become the fourth-largest stablecoin since its launch last year under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.
Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth
Stablecoin supply is a "thermometer" for money flows entering the crypto market, one analyst noted.
TUSD Loses $1 Peg Amid Binance's FDUSD Focus: Analyst
Binance introduced zero-fee FDUSD trading in December, giving users an incentive to sell.
Binance Boosts First Digital's Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether
The crypto exchange listed the Hong Kong-regulated First Digital's FDUSD stablecoin last week.
BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients' Assets
The online investment platform is moving clients' crypto and fiat assets to a Hong Kong-based trust company.
Legacy Trust's Crypto Spin-Off Receives $3M to Roll Out Asian Settlement Platform
First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions.
