Justin Sun Addresses Web3 User Threats and First Digital Trust Incident on X Platform

In a recent update shared on the X platform, Justin Sun has voiced significant concerns regarding the increasing threats posed by fraudsters targeting Web3 users. These illegal activities not only jeopardize public trust but also impact Hong Kong’s stature as a leading international financial center. Sun emphasized the critical need for enhanced security measures within the growing crypto industry to mitigate these threats effectively. He has announced an upcoming live session on the same platform, where he will delve deeper into the troubling incident involving First Digital Trust. This event aims to educate stakeholders about potential risks and raise awareness about safeguarding investments in the expanding blockchain ecosystem. As regulatory scrutiny intensifies, discussions like this are essential to uphold the integrity of digital currencies and fortify user confidence.