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AiCoin
AiCoin|Nov 27, 2025 07:27
[Justin Sun Discloses Progress on TUSD Reserve Asset Recovery at Hong Kong Briefing] On November 27, TRON founder Justin Sun attended the 'TUSD Reserve Asset Global Legal Recovery Progress Media Briefing' at The Peninsula Hong Kong, where he disclosed key facts and interim results regarding the illegal misappropriation and embezzlement of TUSD reserve funds. Justin Sun expressed gratitude to the Dubai International Financial Centre (DIFC) Courts and the Digital Economy Court for their rulings and stated that efforts are underway globally to trace the missing funds, with the goal of fully recovering them and demanding the return of reserve assets from the perpetrators. Judicial documents reveal that on October 17, the DIFC Courts issued a worldwide freezing order on assets against Aria Commodities DMCC, with the amount involved totaling $456 million. The alleged misconduct includes forgery of authorization, breach of fiduciary duty, illegal transfer of reserve funds, and cross-border money laundering. The individuals and entities involved have been ordered to disclose the flow of funds or face legal consequences.
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