First Digital declares that they did not participate in coordinating the plan or misappropriating funds, and executed the transaction in accordance with the instructions of Techeryx and its authorized representatives

BlockBeats news, on April 3rd, First Digital released an official statement on social media: "Justin Sun's allegations against FDT at today's media conference are unfounded. We firmly deny any claims that FDT is involved in coordinating plans or misappropriating funds. We want to emphasize that these allegations are completely unfounded and the facts are completely wrong. FDT only acts as an intermediary and executes transactions according to the instructions of Techeryx and its authorized representatives. FDT does not have, nor is it obligated to independently evaluate or recommend Techeryx's investment. We have never moved or invested funds without explicit written instructions from Techeryx or its authorized representatives. All reserve assets were deployed strictly in accordance with the written instructions provided by Techeryx and its authorized representatives at that time. We have a record of all written instructions as evidence. Regarding Techeryx's request to redeem funds, ARIA has expressed its anti money laundering (AML) and KYC concerns regarding the acquisition transaction between TrueCoin and Techeryx, as well as the identity of the ultimate beneficial owner of Techeryx. As of today, Techteryx has refused to provide the information requested by ARIA. We reiterate that FDT remains fully solvent, with each FDUSD fully supported by cash and cash equivalents in a 1:1 ratio. The exact ISIN numbers of all reserve assets that support FDUSD are clearly listed in our certification report and can be publicly verified. We are processing redemption requests as usual. We are seeking legal advice and FDT will take legal action to protect its rights and reputation