Tron Founder Justin Sun Unleashes Bombshell Allegations: $500 Million Crypto Heist Exposed!

Holy crypto chaos! Tron's fearless leader, Justin Sun, just dropped a bombshell on X, accusing Hong Kong's First Digital Trust (FDT) of pulling off a mind-blowing $500 million embezzlement scheme! Can you believe it?

In a jaw-dropping X post that's got the crypto world buzzing, Sun's not holding back, claiming that FDT and their shady crew illegally siphoned off nearly half a billion bucks through a web of sketchy investments and downright fraudulent address swaps. It's like something straight out of a Hollywood thriller!

Get this: Sun's pointing the finger at FDT, Aria DMCC from Dubai, and other players like Finaport and TrueCoin, saying they tricked the stablecoin wizards at Techteryx into handing over a whopping $456 million to Aria DMCC, all under the guise of a legit investment. But wait, it gets crazier!

Instead of pouring that cash into the approved Aria Commodity Finance Fund in the Cayman Islands, the money got rerouted to some mysterious entity run by Cecilia Brittain, who just happens to be married to the ACFF manager, Matthew Brittain. Talk about keeping it in the family!

Sun's not mincing words, calling this move "exactly the same as an address replacement attack in crypto." It's like watching a classic blockchain heist unfold right before our eyes!

And he's naming names, too! FDT CEO Vincent Chok and Aria's Alex De Lorraine are allegedly in on the action, raking in millions in secret kickbacks. Can you say, "follow the money"?

To cover up this audacious theft, Sun says they slapped a fake label on the transaction, making it look like a legit fund subscription on paper. But that's not all – he's also claiming that at least $15.5 million of the stolen loot ended up in a mysterious Hong Kong account called "Glass Door." What's behind that door, you ask? We're dying to know!

Defamation Lawsuit: FDT Fights Back!

Hold onto your hats, because FDT's not taking this lying down! They've fired back with a defamation lawsuit, calling Sun's accusations a load of hot air and demanding he zip it. The battle's heating up in Hong Kong's High Court, where FDT's seeking an injunction to shut Sun up and a whole lot of cash in damages.

And get this: Sun's initial claims sent FDT's FDUSD stablecoin into a wild depegging frenzy, but it's managed to claw its way back to stability. Talk about a rollercoaster ride!

But Sun's not backing down, folks. He's gone full steam ahead, holding a press conference and calling on the regulators to put the Hong Kong trust sector under a microscope. No court date's been set yet, but you can bet this showdown's far from over!