Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
First Digital denies allegations of misappropriation of funds, stating that they only acted according to Techteryx's instructions

First Digital denies allegations of misappropriation of funds, stating that they only acted according to Techteryx's instructions

Bitget2025/04/03 09:10

On April 3rd, First Digital once again issued a statement denying Sun Yuchen's accusations and any allegations of FDT participating in coordination plans or misappropriation of funds. It stated that FDT is merely an intermediary agency, conducting transactions according to the instructions of Techteryx and its authorized representatives. FDT has neither the obligation nor has it independently evaluated or provided advice on Techteryx's investments, nor has it ever transferred or invested funds without explicit written instructions from Techteryx or its authorized representatives. All reserve assets are strictly allocated according to the written instructions provided by Techteryx and its authorized representatives at crucial times. We have all recorded written instructions as evidence.

Regarding the fund redemption requested by Techteryx, ARIA has expressed anti-money laundering/KYC for the acquisition transaction between TrueCoin and Techteryx and the identity of the ultimate beneficiary owner of Techteryx. As of today, Techteryx still refuses to disclose such information as required by ARIA. It reiterates that FDT is still fully solvent, with each FDUSD being securely supported 1:1 by cash and cash equivalents. The exact ISIN number of all reserves supporting FDUSD has been clearly listed in our verification report, which is publicly available for verification. We are processing redemption requests as usual.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!