TechFlow news, April 8 — Sun Yuchen posted on X accusing First Digital Trust (FDT) of "seven sins," including: breach of fiduciary duty, misuse of client funds, unauthorized investment activities, fraud or theft, false reporting or information concealment, violation of anti-money laundering (AML) regulations, and breach of Hong Kong's POBO regulations.
Previous report, Sun Yuchen accused Hong Kong-based digital asset custodian First Digital Trust (FDT) of allegedly defrauding $500 million in reserves.




