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Well, First Digital is filing a lawsuit over allegations from Justin Mon. The topic is FDUSD and its drop. I heard that Justin Mon has been criticizing stablecoins for a long time, and now the matter has reached the court.
What’s interesting is that the story also involves the company Bullish—it’s somehow connected to the information platform that covers all these events. Is this a conflict of interest? Or just a coincidence?
Justin Mon clearly isn’t giving up—his allegations about FDUSD seem serious if First Digital is forced to defend itself in court. What do you think—could this affect trust in the stablecoin?