FDT responds to Sun Yuchen's accusation: $500 million TUSD transfer was made at Techeryx's request to invest in commodities According to http:// (Bitcoin.com)， First Digital Trust (FDT), a stablecoin issuer deeply embroiled in controversy, recently responded to allegations made by the founder of Tron, Sun Yuchen, stating that its transfer of over $500 million in TUSD reserve funds to Dubai's ARIA fund was in response to investment instructions from its partner Techteryx. FDT stated that these fund transfers, classified as "commodity investments," were completed in multiple transactions and publicly disclosed the authorization letter signed by Techeryx on March 14, 2022 as evidence. The letter shows that Techeryx executive Alex de Lorraine has explicitly requested FDT CEO Vincent Chok to invest up to $200 million in ARIA commodities and emphasized that 'please contact us immediately if you have any questions'. This move adds new clues to the ongoing dispute - Sun Yuchen, who previously served as a consultant for Techeryx, accused FDT of unauthorized use of $456 million in custodial funds and offered a reward of $50 million for global recovery of stolen assets. Hong Kong Legislative Council members also warned that if the allegations are true, it will lead to serious consequences. On the early morning of April 8th, FDT issued a series of statements through social platform X, not only refuting Sun Yuchen's "false accusations", but also disclosing screenshots of the cooperation agreement with Techteryx since 2021. It emphasizes that according to the custody terms, 'we have no right to question the reasonableness of the client's investment decisions', and the transfer operation fully complies with contractual obligations.