First Digital Responds to Allegations, Emphasizes Security of $FDUSD Backing

In response to recent allegations, First Digital posted on their X account to affirm the security and safety of every dollar backing $FDUSD. They highlighted that all funds are fully accounted for with U.S.-backed Treasury Bills."Every dollar backing $FDUSD is completely, secure, safe and accounted for with US backed T-Bills. The exact ISIN numbers of all of the reserves of FDUSD are set out  in our attestation report and clearly accounted for," stated First Digital.Additionally, First Digital indicated their intention to pursue legal action to protect their rights and reputation. They also shared a link to the attestation report.