PANews reported on November 27th that Justin Sun, founder of TRON, attended a media briefing at the Peninsula Hotel in Hong Kong titled "Truth Unveiled, Justice Revealed – Progress of Global Judicial Pursuit Regarding TUSD Reserve Assets." He disclosed key facts and preliminary results regarding the illegal misappropriation and embezzlement of TUSD reserves, drawing significant attention from the fintech and blockchain industries. Sun expressed his sincere gratitude to the Dubai International Financial Centre Court (DIFC Court) and its Digital Economy Tribunal for their fair and decisive ruling. He stated that they are currently actively tracing the whereabouts of the missing funds globally, aiming to fully recover the funds and demand the return of the corresponding reserve assets from any perpetrators. According to the latest judicial documents, the DIFC Courts issued an indefinite global asset freeze order against Aria Commodities DMCC on October 17, involving a total of $456 million. The court stated that the funds in question "involve material matters requiring trial," including forgery of authorizations, breach of fiduciary duties, illegal transfer of reserves, and cross-border money laundering. All relevant individuals and entities are required to fully disclose the flow of funds or face severe legal consequences.PANews reported on November 27th that Justin Sun, founder of TRON, attended a media briefing at the Peninsula Hotel in Hong Kong titled "Truth Unveiled, Justice Revealed – Progress of Global Judicial Pursuit Regarding TUSD Reserve Assets." He disclosed key facts and preliminary results regarding the illegal misappropriation and embezzlement of TUSD reserves, drawing significant attention from the fintech and blockchain industries. Sun expressed his sincere gratitude to the Dubai International Financial Centre Court (DIFC Court) and its Digital Economy Tribunal for their fair and decisive ruling. He stated that they are currently actively tracing the whereabouts of the missing funds globally, aiming to fully recover the funds and demand the return of the corresponding reserve assets from any perpetrators. According to the latest judicial documents, the DIFC Courts issued an indefinite global asset freeze order against Aria Commodities DMCC on October 17, involving a total of $456 million. The court stated that the funds in question "involve material matters requiring trial," including forgery of authorizations, breach of fiduciary duties, illegal transfer of reserves, and cross-border money laundering. All relevant individuals and entities are required to fully disclose the flow of funds or face severe legal consequences.
Progress in the legal pursuit of TUSD reserves disclosed; Justin Sun stated he is pursuing missing funds globally.
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PANews reported on November 27th that Justin Sun, founder of TRON, attended a media briefing at the Peninsula Hotel in Hong Kong titled "Truth Unveiled, Justice Revealed – Progress of Global Judicial Pursuit Regarding TUSD Reserve Assets." He disclosed key facts and preliminary results regarding the illegal misappropriation and embezzlement of TUSD reserves, drawing significant attention from the fintech and blockchain industries. Sun expressed his sincere gratitude to the Dubai International Financial Centre Court (DIFC Court) and its Digital Economy Tribunal for their fair and decisive ruling. He stated that they are currently actively tracing the whereabouts of the missing funds globally, aiming to fully recover the funds and demand the return of the corresponding reserve assets from any perpetrators.
According to the latest judicial documents, the DIFC Courts issued an indefinite global asset freeze order against Aria Commodities DMCC on October 17, involving a total of $456 million. The court stated that the funds in question "involve material matters requiring trial," including forgery of authorizations, breach of fiduciary duties, illegal transfer of reserves, and cross-border money laundering. All relevant individuals and entities are required to fully disclose the flow of funds or face severe legal consequences.
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