<ul><li>TRON founder Justin Sun accuses First Digital Trust (FDT) of misappropriating user funds and violating fiduciary duties, calling for regulatory action in Hong Kong.</li><li>FDT rejects Sun's allegations, labeling them as reckless and unfounded, and threatens legal action for reputational damage.</li><li>Court filings reveal FDT allegedly diverted $456 million in TUSD reserves to illiquid investments, triggering the Sun-FDT dispute.</li><li>Sun warns of the potential impact of FDT's actions on Hong Kong's reputation as a global financial hub.</li></ul>

Justin Sun BLASTS FDT in Shocking Press Conference, Warns Hong Kong’s Reputation at Stake

Discover more