Teacher, I've been cut! Please save me!” At three in the morning, fans' cries pierced the silence. On the screen, bloody transaction records hurt my eyes—450 million dollars, just like that?
As a 'get-rich-quick prophet' in the crypto world, I once led fans from 1500U to 23000U, but this time, even Sun Yuchen fell! What's crazier is that the rights protection behind it actually involves the dark side of Hong Kong regulation and multinational money laundering dark web...
Part 1: Brother Sun's Crash! 500 Million Dollars Stolen by 'Friends'?
Act 1: Trust Collapse
Last year, Sun Yuchen announced the acquisition of TUSD, claiming '1:1 pegged to the US dollar, stable as an old dog.' Fans went crazy buying in, but I warned during the live broadcast: 'This thing is just a funding scheme, it will go to zero sooner or later!' (Referring to the incident where TUSD reserves were misappropriated)
Act Two: The black hand appears
In 2023, 500 million USD of TUSD reserves were mysteriously transferred by Hong Kong FDT Trust Company, Sun Yuchen was immediately caught off guard: “These sons of bitches, even dare to move my people!” (Details of collusion between FDT and Aria DMCC are referenced)
Act Three: A desperate counterattack
In a fit of anger, Brother Sun pulled out 456 million USD to fill the hole, but was bitten back by FDT: “Your cash flow chain is broken!” A more shocking operation came—FDT turned around and launched FDUSD, hugging Binance's thigh, and the coin price was directly halved! (Details of FDT issuing FDUSD are referenced)
Part Two: The dark battle for rights! Brother Sun offers a reward of 50 million, is Hong Kong's regulation playing dead?
First Knife: Chopping towards Dubai
A freezing order from the Dubai court locks 450 million USD! Brother Sun goes live overnight: “The money is with me, who dares to touch it?” (Referencing the Dubai court freezing Aria DMCC assets)
Second Knife: Stabbing Hong Kong
“Hong Kong FDT colluded with the wife of a Cayman fund bigwig to stuff money into Dubai mines!” Brother Sun threw out chat records, revealing “anti-money laundering review” jargon! (Details of FDT transferring funds to Aria DMCC are referenced)
Third Knife: Nationwide reward
“50 million USD, buy the head of a traitor!” Brother Sun was fierce, the crypto circle instantly exploded. The comment section exploded with explosive materials: “The boss of FDT is a certain bigwig's white glove!” (Referencing Sun Yuchen's establishment of a 50 million USD bounty plan)
Part Three: The password to getting rich turns into a meat grinder! Three iron rules to save your life
Iron Rule One: Offshore trusts = leek slaughterhouse
Hong Kong FDT, under the name of ‘trust’, is actually stealing money! (Referencing the case where Hong Kong's trust regulation is virtually non-existent)
Iron Rule Two: Stablecoins are the emperor's new clothes
The truth behind TUSD's collapse: 99% of the reserves were used to speculate on mining and engage in infrastructure! (Details of TUSD's funds flowing into high-risk projects are referenced)
Iron Rule Three: Rights protection? First, see who has the ‘real daddy’
Brother Sun can freeze Dubai assets because of the backing of a 'mysterious bigwig'! (Implying the relationship between Sun Yuchen and the Dubai consortium)
Part Four: There are no friends in the crypto world! Brother Sun's 'Avengers Alliance'
Act One: Courting Binance
“If FDUSD is not banned, I will make Binance go down with me!” Under Brother Sun's threat, Binance urgently pulled back the FDUSD price. (Referencing the cooperation and game between Binance and FDT)
Act Two: Turning the internal traitor
“The CFO of FDT has been turned, evidence is on the way!” Brother Sun directly made harsh comments, FDT's stock price plummeted by 30%!
Act Three: Sniping Hong Kong
“If Hong Kong doesn’t intervene, the Web3 central position will be lost!” Brother Sun united international capital to exert pressure, and the Hong Kong Stock Exchange held an emergency meeting overnight!
Conclusion: The awakening of the leeks! Either eat people, or be eaten
Brother Sun's 450 million USD is the bloodiest textbook in the crypto world:
Trust is poison: even the 'big shots' in the crypto world are puppets;
Rights protection is gambling: without a background, you can't even enter the court's door;
Getting rich is an illusion: what you think is a 'stablecoin' is just a dealer's ATM.
The last piece of advice:
“Want to survive? Remember—don’t touch any coins with ‘trust’ or ‘stablecoin’ in their names!”
Twelve years in finance, an exclusive guide from a pioneer in the crypto world: Insight into the market, moving forward steadily, pay attention to how the boss teaches you to grow steadily, with risks and opportunities coexisting in investment, blind operations are a major taboo in the crypto circle!
