Justin Sun has stated that Techteryx was defrauded of $500 million, citing a court freezing order judgment that explicitly sets out a kickback chain. He alleges that FDT is one of the origins of the entire conspiracy, with specific parts of the funds being paid to them. According to Sun, the perpetrators maintained two separate sets of books to conceal the illicit activities. [Update 1] Justin Sun has publicly named Legacy Trust and associated individuals, including Vincent Chok, as participants in the alleged fraudulent activities alongside FDT. Sun claims these entities mishandled stablecoin structures and operated under the misconception that retail stablecoin holders would not pursue legal action. He pledged to protect user assets and challenged the operational integrity of the named parties.