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Justin Sun: FDT is insolvent and suspected of fraud, calling on Hong Kong regulators to take decisive measures "

Internet reports that Justin Sun once again issued a post on X accusing FDT: "First Digital Trust (FDT) has been unable to fulfill its obligations to pay customers 'funds and has in fact become insolvent. However, despite major violations, the agency continues to operate in Hong Kong on the name of a public trust. This case shows that Hong Kong's trust industry appears to have obvious loopholes that can be used to circumvent financial and banking regulations. This not only poses a risk to the public, but also threatens Hong Kong's reputation as a global financial center. I strongly appeal to Hong Kong regulators and law enforcement agencies to take decisive measures to plug loopholes and prevent further losses to the public."

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