TechFlow news, May 3 — Justin Sun posted that funds related to the alleged over $500 million fraud case involving First Digital Trust (FDT) and ARIA have flowed from Hong Kong-based FDT and Legacy Trust into multiple banks in Dubai, including Mashreq Bank, Abu Dhabi Islamic Bank (ADIB), Emirates NBD, and Swiss EFG Bank. Individuals involved include Christian Alexander Boehnke De Lorraine Elbouef, Vincent Chok, Yai Sukonthabhund, Matthew William Brittain, and Cecilia Teresa Brittain.
Meanwhile, the anti-fraud tracking platform web3bounty.io has officially launched, introducing a $50 million bounty program. Justin Sun urges the Dubai government, regulators, and banks to take decisive action to prevent Dubai from becoming a safe haven for financial crime.
