First Digital Statement: We have not been involved in any coordination scheme or fund misappropriation. We have merely acted as an intermediary to carry out the transaction in accordance with Techteryx and its authorized representative's instructions.

BlockBeats News, April 3rd, First Digital released an official statement on social media platform: "Today, Justin Sun's accusations against FDT at the press conference are baseless. We firmly deny any allegations of FDT being involved in a coordination plan or fund misappropriation. We want to emphasize that these accusations are completely unfounded and factually incorrect.

FDT only acts as an intermediary, executing transactions in accordance with Techteryx and its authorized representative's instructions. FDT has not, nor is under any obligation to independently assess or advise on Techteryx's investments. We have also never moved or invested funds without explicit written instructions from Techteryx or its authorized representative. All reserve assets are strictly deployed in accordance with the written instructions provided by Techteryx and its authorized representative at the time. We have records of all written instructions as evidence.

Regarding Techteryx's request to redeem funds, ARIA has raised anti-money laundering (AML) and KYC concerns about the acquisition transaction between TrueCoin and Techteryx, as well as the identity of the ultimate beneficial owner of Techteryx. As of today, Techteryx has refused to provide the information requested by ARIA.

We reiterate that FDT remains fully solvent, with more than enough capacity to meet all obligations, and each FDUSD is fully backed by cash and cash equivalents at a 1:1 ratio. We are processing redemption requests as usual. Seeking legal advice, FDT will take legal action to protect its rights and reputation."