Justin Sun don put $50M reward to find $500M crypto money wey lost for First Digital Trust first fraud case.
Crypto boss wey dem call Justin Sun don start one koko wey go give $50 million reward for any person wey fit help recover over $500 million crypto money wey dem say dem thief for First Digital Trust (FDT) and ARIA fraud matter. Di new website wey dem launch, web3bounty.io, go make am easy for people wey get sense to yarn wetin go fit help find di money wey dem carry. Sun for inside hin announcement call out Christian Alexander Boehnke De Lorraine Elbouef, Vincent Chok, Yai Sukonthabhund, Matthew William Brittain, and Cecilia Teresa Brittain as di main pipo wey dem suspect. Investigation show say di money wey dem do wayo with pass through Hong Kong First Digital Trust and Legacy Trust, before dem carry am go big banks for Dubai like Mashreq Bank, ADIB, Emirates NBD, and EFG. Dis tin show say pipo dey rush to ask for more clear clear business and security for inside crypto world as big money don dey loss. Dis plenty money wey dem wan give go make pipo inside come out with tori and e go fit help to bring back di money, e still show say government control and watching out for fraud dey important for everybody wey dey trade crypto. Di event don make pipo see say dem need to protect digital money well well and e fit change how pipo trust and follow rules for inside crypto trading.
Neutral
Even if Justin Sun put $50 million bounty to find back $500 million crypto assets wey dem thief, e show say fraud risk for di sector serious, but e no get direct, immediate price effect on specific cryptocurrencies. Di announcement fit small small boost traders confidence for how to recover after something happen, but e also show say security palava still dey, and dat one fit make pipo no too believe say price go rise. From history, when dem try to recover assets like dis, e good for market integrity for long run, but for short run, di price no too change because nobody sure about di timeline and whether dem go fit recover di assets. Di news go likely affect how traders see di ecosystem trust and wetin regulation tok, instead of making big change for trading or di price of di tokens wey dem affect.