Justin Sun Calls for Third-Party Audit as FDT Faces Insolvency Concerns

In a recent livestream, crypto entrepreneur Justin Sun highlighted the pressing need for increased transparency within the digital asset sector. He announced that he has urged the FDT team to enlist the services of an independent audit firm. Sun expressed his firm belief that this audit will reveal troubling findings about FDT’s financial health, potentially indicating a state of insolvency. This move underscores a growing sentiment among investors for comprehensive audits to ensure accountability and safeguard interests in a market often plagued by uncertainty. As regulatory scrutiny intensifies, stakeholders are eagerly awaiting the audit results, which could significantly impact FDT’s operations and reputation in the competitive landscape of cryptocurrency. By prioritizing fiscal transparency, companies may pave the way for greater investor confidence in the increasingly volatile crypto market.