Daniel Kuhn / The Block:

FDUSD stablecoin depegged 9% after Justin Sun raised concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD  —  - Justin Sun is warning users to pull funds from First Digital Trust, a Hong Kong-based firm once employed by TrueUSD's owner Techteryx as a fiduciary.

Daniel Kuhn / The Block:

FDUSD stablecoin depegged 9% after Justin Sun raised concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD  —  - Justin Sun is warning users to pull funds from First Digital Trust, a Hong Kong-based firm once employed by TrueUSD's owner Techteryx as a fiduciary.

Source: TechMeme
Source Link: http://www.techmeme.com/250402/p35#a250402p35