BlockBeats News, April 3rd, Justin Sun stated in his livestream that "TrueCoin is suspected of colluding with FDT and other institutions to transfer $456 million worth of TUSD fiat reserve through false documents and unauthorized transfers to a private company in Dubai owned entirely by the wife of a former Cayman Islands fund investment manager mentioned above. FDT and Legacy Trust CEO and Director Vincent Chok directly approved these illicit transactions, flagrantly violating their fiduciary duty."
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