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After being shut down for nearly three months, FCoin announced that the community would hold a referendum on how to deal with the Taiwan dollar held by zhang jian

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Whether or not the referendum is passed, this part of FT and FM is owned by the community.

According to beat BlockBeats, on May 5, the official website of FCoin, which has been out of operation for several months, revealed that all the 1.1 billion FT and 19 million FM owned by zhang jian have been recovered by the community. At 19:00 today, the community initiated a referendum and a follow-up vote on how to take back the Taiwan dollar held by zhang jian.

If the referendum is approved, the dividends on Mr Zhang's FT and FM holdings will be used to buy back debt FUSD. The announcement added,Whether the referendum is passed or not, this part of FT and FM belongs to the community, and the future community has the right to decide how to allocate or use it by the referendum.

For FT affiliates, it should be noted that the public announcement time of this referendum is 19:00 on May 5, 2020 -- 18:00 on May 7, 2020. The voting time is 18:00 on May 7, 2020 to 18:00 on May 12, 2020.

In addition, the announcement also revealed that the FCoin platform published in zhang's original announcement and zhang himself have a total of 1.46 billion FT. The verified details are as follows:

Zhang jian individuals hold FT: 1118212096.480847884738123583
FCoin platform holding: 198291748.87
FFund holdings: 75654269.59
FMEX platform holding: 67125298.54 & NBSP; & have spent