Odaily News Justin Sun posted on the X platform that First Digital Trust (FDT) is insolvent and is a statement of fact without any emotional color. If you have any relationship with them, please cut off the relationship as soon as possible to protect your assets. As for what consequences its founder Vincent Chok will face for his fraudulent behavior - this will be determined by the judicial system and regulators.
Sun added: “I don’t recommend anyone to over-interpret my words, especially my closest partners. I trust them — our trust was built over the past decade through tens of billions of dollars of long-term cooperation. I firmly believe that this trust remains unshakable.”