At the briefing held in Hong Kong today, Justin Sun publicly disclosed the latest situation regarding the alleged illegal misappropriation of TUSD reserve funds, and further explained the relevant flow of funds, responsible parties, and potential risks. This speech is seen as an important Node in the event's transition to a more public and judicial phase, and has sparked significant market concern over the safety and Compliance of stablecoin reserves. Meanwhile, he addressed the DIFC Court's related matters.

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