First Digital Trust (FDT) and its CEO Vincent Chok are under scrutiny following allegations of misappropriating nearly $500 million in TUSD reserves through fraudulent operations with Aria. Despite credible evidence, FDT is accused of evading responsibility and collaborating with Aria's operators to conceal stolen assets, challenging Hong Kong's financial integrity. The Dubai International Financial Centre (DIFC) court has confirmed fraud claims against Aria, FDT, and others, prompting a global effort to recover the misappropriated funds. The ruling serves as a warning to those involved that evasion will not replace accountability. The case highlights the need for stronger regulatory oversight in the crypto industry to protect public trust and ensure transparency in stablecoin reserves.