Summary
- Binance co-founder He Yi stated that it is inappropriate for the exchange to issue an announcement regarding the FDUSD situation.
- Binance has indicated that they are in contact with the project team regarding the FDUSD issue and are awaiting a response.
- It was reported that the FDUSD de-pegging was due to concerns over First Digital Trust's fund repayment ability.
He Yi, Binance co-founder, stated on the 2nd (local time) via X (formerly Twitter), 'Regarding the current FDUSD situation, Binance has determined that it is inappropriate to issue an announcement as we do not have sufficient understanding of the legal disputes behind it.' She added, 'If users inquire, our response is simply that we are in contact with the project team and awaiting a reply.'
Previously, after Justin Sun raised concerns about the fund repayment ability of Hong Kong's virtual asset (cryptocurrency) custodian First Digital Trust (FDT), FDUSD fell and de-pegging occurred.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
