Hong Kong reevaluates crypto trust rules amid Justin Sun's First Digital Trust allegations

Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are confirmed. In an April 3 pos...

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Hong Kong reevaluates crypto trust rules amid Justin Sun's First Digital Trust allegations

Source: CryptoSlate

Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are confirmed. In an April 3 post on X, Ng assured investors that the city’s crypto regulatory framework remains robust and committed to investor protection despite the recent high-profile […]