Justin Sun: We are currently actively investigating the missing funds globally.

TechubNews · 2025-11-27T08:13:04+00:00

TRON founder Justin Sun held a press conference in Hong Kong to introduce the progress of the illegal occupation of TUSD reserves and thanked the Dubai court for its ruling. The search for the missing funds is currently underway, and the DIFC Courts have issued a global asset freeze order against the involved companies, amounting to approximately $456 million.

TechubNews

2025-11-27 08:13:04

Abstract generation in progress

According to Techub News, TRON founder Justin Sun attended the “TUSD Reserve Asset Global Judicial Progress Media Briefing” at the Peninsula Hotel in Hong Kong. He announced key facts and interim progress regarding the illegal appropriation and misappropriation of TUSD reserves, expressing heartfelt gratitude to the Dubai International Financial Centre Courts (DIFC Courts) and its Digital Economy Court for their fair and decisive ruling. He stated that efforts are actively underway to trace the whereabouts of the missing funds globally, with the goal of fully recovering the relevant funds and demanding that any wrongdoers return the corresponding reserve assets.

According to the latest judicial documents, the DIFC Courts issued an indefinite global asset freeze against Aria Commodities DMCC on October 17, involving an amount of approximately $456 million. The court noted that the funds in question “involve significant matters that require trial,” including forgery of authorization, breach of fiduciary duty, illegal transfer of reserves, and cross-border money laundering. All related individuals and entities are required to fully disclose the flow of funds, or they will face severe legal consequences. Subsequent developments will be based on official disclosures from the court and relevant authorities.

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