TUSD issuer's rights protection has made significant judicial progress, Sun Yuchen: Thank you to the Dubai Digital Economy Court for the ruling

The founder of TRON, Justin Sun, responded on the X platform to the ruling of the Dubai Digital Economy Court, expressing gratitude for the court's issuance of a freezing order to protect the rights of TUSD holders for the first time globally. He wrote in a tweet: "Justice may be delayed, but it will never be absent."

The freezing order involves $456 million in funds related to Justin Sun's rescue of TrueUSD issuer Techteryx. The Dubai Digital Economy Court noted in its ruling that there are "serious issues that need to be examined" regarding Techteryx and determined that the funds in question should be held in trust to prevent improper transfer or concealment of assets. The funds have been controversial due to issues with TrueUSD's reserve shortfall, involving the Dubai trade financing company Aria Commodities DMCC.

The incident dates back to between 2021 and 2022, when part of TrueUSD's reserve funds flowed into Aria through the Hong Kong trustee First Digital Trust (FDT). Techteryx alleged that these transfers violated custodial terms, converting the original cash reserves into long-term loans and private transactions. Justin Sun held a press conference in Hong Kong in April 2025, accusing financial institutions including First Digital Trust Limited (FDT) and Legacy Trust Company Limited (Legacy Trust), as well as a private company in Dubai, of illegally misappropriating $456 million in fiat reserves for TUSD.