BlockBeats News, April 3rd, Justin Sun posted on X Platform, stating, "I met with Hong Kong Legislative Councilor Wu Chi-wai and reported a case of embezzlement of nearly 500 million US dollars of customer reserve funds by First Digital Trust (FDT). We have submitted relevant materials to regulatory authorities and law enforcement agencies. We are confident that we will recover the funds and ensure that those involved in the fund theft will be held accountable under the law."