The media briefing on the global judicial progress of TUSD reserve assets was held in Hong Kong, Justin Sun: We are recovering missing funds globally.

TUSD-0,02%

BlockBeats reports that on November 27, Justin Sun, the founder of TRON, attended a media briefing held at the Peninsula Hotel in Hong Kong titled “Truth Revealed, Justice Manifested - Progress of Global Judicial Prosecution of TUSD Reserve Assets.” He disclosed key facts and interim results regarding the illegal appropriation and misappropriation of TUSD reserves, which has drawn significant attention from the fintech and blockchain industries. Justin Sun expressed his heartfelt gratitude to the Dubai International Financial Centre Courts (DIFC Court) and its Digital Economy Court for their fair and decisive ruling, stating that they are actively tracing the whereabouts of the missing funds globally, aiming to recover the full amount and demand that any criminals return the corresponding reserve assets. According to the latest judicial documents, the DIFC Courts issued an indefinite global asset freeze order against Aria Commodities DMCC on October 17, involving an amount as high as $456 million. The court pointed out that the funds in question “involve significant matters that require trial,” including forgery of authorization, breach of trust obligations, illegal transfer of reserves, and cross-border Money Laundering activities. All relevant individuals and entities are required to fully disclose the flow of funds, or they will face severe legal consequences.

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