Sun Yuchen: Over $500 million in FDT and ARIA scam funds flowed from Hong Kong to Dubai banks

ChainCatcher news, Tron founder Justin Sun stated on X that the First Digital Trust (FDT) and ARIA fraud case involves over $500 million in funds, with individuals including Christian Alexander Boehnke De Lorraine Elbouef, Vincent Chok, Yai Sukonthabhund, Matthew William Brittain, and Cecilia Teresa Brittain. The funds flowed through FDT and Legacy Trust in Hong Kong to banks in Dubai such as Mashreq Bank, ADIB, Emirates NBD, and EFG.

He urged the Dubai government, regulatory authorities, and relevant banks to take immediate action to freeze suspicious fund flows and conduct internal reviews to prevent becoming a haven for financial crime.