According to Wu, First Digital stated that Justin Sun's recent comments on social media regarding First Digital Trust (FDT) and its CEO Vincent Chok constitute false accusations and defamation. FDT refuses to respond to baseless allegations and emphasizes that the company remains transparent at all times. FDT has completed the preservation of evidence related to the social media content and reserves the right to take further legal action as permitted by law. Previously, Justin Sun continuously published long articles claiming that the DIFC court had issued the first global freezing order against Aria Commodities DMCC and related parties on October 17, 2025, confirming the existence of preliminary evidence of misappropriation of TUSD funds, accusing First Digital Trust (FDT), Legacy Trust, and its leader Vincent Chok of illegally transferring approximately $456 million TUSD reserves to Aria for illiquid and high-risk projects between 2021 and 2022 and being suspected of receiving kickbacks, forging documents, and concealing assets.
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First Digital denies Justin Sun's accusation of misappropriating $456 million TUSD reserves.
According to Wu, First Digital stated that Justin Sun's recent comments on social media regarding First Digital Trust (FDT) and its CEO Vincent Chok constitute false accusations and defamation. FDT refuses to respond to baseless allegations and emphasizes that the company remains transparent at all times. FDT has completed the preservation of evidence related to the social media content and reserves the right to take further legal action as permitted by law. Previously, Justin Sun continuously published long articles claiming that the DIFC court had issued the first global freezing order against Aria Commodities DMCC and related parties on October 17, 2025, confirming the existence of preliminary evidence of misappropriation of TUSD funds, accusing First Digital Trust (FDT), Legacy Trust, and its leader Vincent Chok of illegally transferring approximately $456 million TUSD reserves to Aria for illiquid and high-risk projects between 2021 and 2022 and being suspected of receiving kickbacks, forging documents, and concealing assets.