Sun Yuchen在近5亿美元的储备金变成了不平等的储备金之后，释放了Techteryx的Trueusd Stablecoin

Sun在近5亿美元的储备金中释放了Techteryx的Tureusd Stablecoin

After nearly $500 million in reserve funds became illiquid, Sun bailed out Techteryx’s TrueUSD stablecoin, according to a Hong Kong court filing by the stablecoin issuer.

根据Stablecoin发行人的香港法院申请，在近5亿美元的储备金变得不流动之后，Sun释放了Techteryx的Tureusd Stablecoin。

The case, which is ongoing in the Hong Kong High Court of Justice, began after Techteryx, the new owner of TrueUSD, sued First Digital Trust (FDT), a Hong Kong-based trustee appointed by the company to manage its stablecoin reserves following the acquisition of TrueUSD from TrueCoin in December 2020.

该案正在香港高等法院持续进行，此前是在Trueusd的新所有者Techteryx起诉First Digital Trust（FDT）之后，该公司由该公司任命的一名位于香港的受托人，该公司由该公司任命为管理其Stablecoin Reserves，该储备金是在2020年12月从Truecoin从Truecoin手中收购的StableCoin储备。

According to documents prepared by U.S. law firm Cahill Gordon & Reindel, FDT was instructed to invest its stablecoin reserves in the Cayman Islands-registered Aria Commodities Finance Fund (Aria CFF).

根据美国律师事务所Cahill Gordon＆Reindel准备的文件，FDT被指示将其Stablecoin储备金投资于Cayman群岛注册的ARIA商品金融基金（ARIA CFF）。

However, approximately $456 million was improperly diverted to an unauthorized independent entity in Dubai, Aria Commodities DMCC, to be used for purposes other than investing in Aria CFF, the plaintiffs claimed in their statement of claim.

但是，原告在其索赔声明中声称，大约有4.56亿美元的不当转移给了迪拜的一个未经授权的独立实体DMCC，用于用于投资Aria CFF以外的其他目的。

According to a report by the U.S. firm, Matthew Brittain controls Aria Commodities Finance Fund (Aria CFF) through Aria Capital Management Ltd, while Cecilia Brittain is the sole shareholder of Aria Commodities DMCC, an independently operated entity based in Dubai.

根据美国公司的一份报告，Matthew Brittain通过Aria Capital Management Ltd控制ARIA商品金融基金（ARIA CFF），而Cecilia Brittain是ARIA商品DMCC的唯一股东DMCC，这是一家位于迪拜的独立实体。

The report says that Brittain from Aria's email signature uses an address in Dubai.

该报告说，来自Aria的电子邮件签名中的Brittain使用迪拜的地址。

According to the filing, Cecilia is Matthew's wife.

根据文件，塞西莉亚是马修的妻子。

ARIA DMCC is engaged in trade finance, asset development and commodity trading, while ARIA CFF provides financing services to commodity traders including ARIA DMCC and other third parties, according to Matthew Brittain in an email to CoinDesk.

根据Matthew Brittain在给Coindesk的电子邮件中，ARIA DMCC从事贸易融资，资产开发和商品交易，而ARIA CFF为包括Aria DMCC和其他第三方在内的商品交易者提供融资服务。

An audit report issued by Moore CPA Limited shows that as of November 2024, FDT manages $501 million in TrueUSD reserves.

Moore CPA Limited发布的审计报告显示，截至2024年11月，FDT管理了5.01亿美元的TureUSD储备。

According to the filing, First Digital CEO Vincent Chok is accused of funneling approximately $15.5 million in undisclosed commissions to an entity called “Glass Door” and of structuring an unauthorized trade finance loan of approximately $15 million from FDT to Aria DMCC that was then retroactively misclassified as a legitimate fund investment. The plaintiffs allege these actions constituted fraudulent misrepresentation and misappropriation of funds.

据该文件称，首位数字首席执行官Vincent Chok被指控向一个名为“ Glass Door”的实体汇集了约1,550万美元的未公开佣金，并为未经授权的贸易融资贷款汇总了FDT的未经授权贸易融资贷款，从FDT到Aria DMCC，然后是倒数第二的，该贷款被倒数地误解为合法的投资。原告声称这些行动构成了欺诈性的虚假陈述和对资金的盗用。

“The funds wired to Aria DMCC were a blatant act of misappropriation and money laundering,” the complaint reads. “These operations were conducted without the Plaintiff’s knowledge, authorization, or approval.”

投诉写道：“与ARIA DMCC有联系的资金是一种公然的盗用和洗钱行为。” “这些行动是在原告的知识，授权或批准的情况下进行的。”

As of press time, these statements have not yet been heard in court.

截至发稿时，这些陈述尚未在法庭上听到。

Aria DMCC invests funds in a variety of projects around the world, which it describes as relatively illiquid assets, such as manufacturing plants, mining operations, maritime vessels, port infrastructure and renewable energy projects.

ARIA DMCC将资金投资于世界各地的各种项目，并描述为相对不足的资产，例如制造厂，采矿业务，海上船只，港口基础设施和可再生能源项目。

According to the filing, Techteryx barely recovered its money when it tried to redeem its investment from Aria CFF between mid-2022 and early 2023, and Aria-related entities are accused of failing to make payments on time and not honoring redemption requests.

根据文件，Techteryx试图在2022年中期至2023年初从ARIA CFF赎回其投资时几乎没有收回其资金，而与ARIA相关的实体被指控未能按时付款而不兑现赎回请求。

Subsequently, Techteryx took over the full operation of TUSD in July 2023, terminating TrueCoin's involvement. As a transitional arrangement after the sale in December 2020, TrueCoin continued to be responsible for the daily operations of TUSD.

随后，Techteryx于2023年7月接管了TUSD的全面运作，终止了Truecoin的参与。作为2020年12月出售后的过渡安排，Truecoin继续负责TUSD的日常运营。

According to the filing, Justin Sun stepped in during this period to provide emergency liquidity support for TUSD, which was structured as a loan.

根据文件，贾斯汀·孙（Justin Sun）在此期间介入，为TUSD提供紧急流动性支持，TUSD构成了贷款。

The court document also stated that even though the stablecoin issuer had no funds available, the Techteryx team still isolated 400 million TUSD to ensure that retail users could still redeem them normally and token holders were not affected.

法院文件还指出，即使Stablecoin发行人没有可用的资金，Techteryx团队仍然隔离了4亿TUSD，以确保零售用户仍然可以正常兑换它们，并且代币持有人不会受到影响。

First Digital said it followed Techteryx's instructions

首先数字表示，它遵循Techteryx的说明

In response to CoinDesk’s request for comment, First Digital CEO Chok categorically denied any wrongdoing or involvement in any fraudulent scheme.

为了回应Coindesk的置评请求，第一任数字首席执行官Chok明确否认了任何欺诈计划的不法行为或参与。

Chok said in an email that First Digital Trust acted solely as a fiduciary intermediary and executed transactions strictly in accordance with instructions provided by Techteryx and its representatives. He added that the company was not responsible for independently evaluating or advising on these investment decisions.

Chok在一封电子邮件中说，First Digital Trust仅作为信托中介机构行事，并严格按照Techteryx及其代表提供的指示执行交易。他补充说，该公司不承担独立评估或对这些投资决策的建议。

“We understand that one of the main obstacles to ARIA’s refusal to redeem the funds early as requested by Techteryx was their concerns about anti-money laundering (AML) and know-your-customer (KYC) issues regarding the transactions between TrueCoin and Techteryx, particularly regarding the true identity of Techteryx’s ultimate beneficial owners,” Chok said in an email to CoinDesk, adding that he does not believe any of the parties involved in the case believe Aria lacks liquidity.

“We understand that one of the main obstacles to ARIA's refusal to redeem the funds early as requested by Techteryx was their concerns about anti-money laundering (AML) and know-your-customer (KYC) issues regarding the transactions between TrueCoin and Techteryx, particularly regarding the true identity of Techteryx's ultimate beneficial owners,” Chok said in an email to CoinDesk, adding that he does not believe any of参与该案的各方认为，咏叹调缺乏流动性。

“We have not yet had the opportunity to fully defend ourselves,” Chok said in the email. “We will do our best to clarify these issues as the legal and arbitration proceedings proceed.”

Chok在电子邮件中说：“我们还没有机会充分捍卫自己。” “随着法律和仲裁程序进行，我们将尽最大努力阐明这些问题。”

In response to CoinDesk's request for comment, Aria Group's Matthew Brittain said that he "completely denies the allegations made by Techteryx against ARIA DMCC and any associated entities."

为了回应Coindesk的置评请求，Aria Group的Matthew Brittain说，他“完全否认Techteryx对Aria DMCC和任何相关实体的指控”。

"A number of false allegations have been made

“已经提出了许多虚假指控