On April 4, Justin Sun posted a message again accusing FDT of suspected fraud. It said: First Digital Trust (FDT) blatantly ignores all trusteeship obligations and regulatory norms, claiming to represent Techteryx in its own legal name to manage a securities portfolio of up to $501.8 million in the Aria Commodity Finance Fund. Under the Securities and Futures Ordinance (SFO), any individual or company that provides securities portfolio management services must hold a Class 9 license from the SFC unless the service is limited to its wholly owned subsidiary or is provided by its 100% controlled parent company. Obviously, FDT is not only ignoring the basic principles of the trust industry, but also blatantly defiing Hong Kong's legal provisions on banks and investment. In other words, his behavior has completely defied Hong Kong's regulators and law enforcement agencies. In addition, Justin Sun believes that FDT has not only been in negative assets, but has also had negative net assets for three consecutive years. As of the end of 2024, its net assets were negative HK$100 million. This does not include the huge losses caused by its large-scale misappropriation of user assets. Even so, it can now publicly host billions of dollars in public assets in the market. Previously, First Digital responded: Legal actions will be taken against Justin Sun's "smearing behavior".