Hong Kong Lawmaker Urges Support for Web3 Sector Amid Tron Founder Fraud Allegations
A Hong Kong lawmaker, Johnny Ng Kit-chong, is encouraging global investors to keep their faith in the city’s Web3 sector following accusations from cryptocurrency mogul Justin Sun about flaws in local financial regulations. Sun claimed that the First Digital Trust misappropriated funds connected to the TrueUSD stablecoin for other investments, raising concerns about Hong Kong’s ...
