🚨🔁 FDUSD Redemption Completed Amid FUD First Digital addr

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🚨🔁 FDUSD Redemption Completed Amid FUD
First Digital addresses FUD by completing the first batch of redemption requests.
🔹On-Chain Proof: Burn transactions are verifiable.
🔹1:1 Full Backing: $FDUSD  remains fully backed.
🔹#Burned Tokens: 87 million FDUSD burned in the last 24 hours (via PeckShield).
🔹Redemption Channel: Operating smoothly.
-First Digital on X

Clash Crypto

🚨 JUSTIN SUN ACCUSES FDT OF RESERVE MISMANAGEMENT

🔹Allegations: Justin Sun claims FDT/First Digital Trust is managing TUSD’s $501M reserve but refuses redemption.

🔹Bankruptcy Claim: Sun alleges FDT is bankrupt and unable to redeem customer funds.

🔹FDT's Defense: Claims redemption issues are due to AML/KYC concerns and verifying the ultimate beneficial owner.

🔹#Binance Rsponce: Co-founder He Yi assures that FDUSD can still be redeemed 1:1.

-justinsun$FDUSD
{spot}(FDUSDUSDT)

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