First Digital Trust has filed a defamation lawsuit in the Hong Kong High Court against Justin Sun for accusing him of "insolvency", requesting the court to issue an injunction restricting Sun from making similar statements, and demanding that he issue a retraction statement and compensate for damages. The accusation triggered a brief de anchoring of the stablecoin FDUSD issued by First Digital on April 3rd, which has since been restored. Sun subsequently held a press conference in Hong Kong, continuing to accuse the company of fraud and calling for regulatory reform. The case number is HCA 680, and the preliminary hearing date has not yet been determined. （CoinDesk） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40725