PANews reported on April 4 that Justin Sun officially launched a $50 million bounty program for FDT’s alleged fraud (equivalent to about 10% of its liquidity support or stolen TUSD reserves) to recover TUSD reserves misappropriated by bad actors including First Digital Trust (FDT). He said:

  • Any insider or whistleblower who provides important clues to help recover the funds will receive a reward.
  • Full transparency: A dedicated portal (#web3bounty.io) will be launched soon with real-time updates.
  • Independent Verification: All claims will be rigorously evaluated before rewards are issued.