First Digital

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First Digital Confirms FDUSD Reserves After Fraud Claims by Justin Sun
First Digital Confirms FDUSD Reserves After Fraud Claims by Justin Sun
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia4/14/2025
Highlights: First Digital has confirmed that its stablecoin is fully backed by reserves and held in separate accounts. Justin Sun claims First Digital misused $500 million by redirecting funds through a changed wallet address. FDUSD briefly lost its dollar peg […]