$50M bounty goes live on Web3Bounty.io to trace misappropriated funds linked to FDT and Aria

By: bitcoin ethereum news|2025/05/06 20:45:01
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Hong Kong, May 6, 2025 – A new bounty program has been launched on the online platform Web3Bounty.io, which aims at finding leads and information about the approximately $456 million of the TrueUSD (TUSD) stablecoin reserves being misappropriated. There is a $50 million bounty pool available for those who provide credible original information leading to the identification and recovery of the assets. This effort is focused on securing justice and protecting the victims of this unprecedented breach, including thousands of public TUSD token holders. The case involves Hong Kong licensed trust companies and a network of intermediaries believed to have exploited regulatory loopholes to facilitate the misappropriation of over half a billion USD in client assets held under escrow by licensed trust companies. In response, a bounty program has been launched on Web3Bounty.io to bring transparency and accountability to this unprecedented breach, with support from stakeholders across the Web3 ecosystem. Through Web3Bounty.io, whistleblowers, insiders, and investigators can submit actionable information. Original verified leads that contribute meaningfully and directly to the recovery effort may be eligible for bounties from the $50 million reward pool — equivalent to around 10% of the lost assets. The platform will provide real-time major updates on recovery progress, with all submissions being subject to independent verification before rewards are issued in the bounty program operator’s sole discretion. Justin Sun, Founder of TRON, also came onto X to congratulate the launch of Web3Bounty.io, mentioning the importance of tracking Web3 scams and improving transparency. The case has drawn widespread attention in the blockchain industry due to the scale of the losses and the number of affected parties. Web3Bounty.io seeks to empower the broader community to assist in uncovering misconduct and reinforce the integrity of digital asset custodianship. For more information or to submit a lead, please visit www.web3bounty.io . Disclaimer: Participation in the bounty program is entirely voluntary and at the participant’s own risk. All participants must comply with applicable laws, as well as specific terms and conditions and policies of the bounty program. Nothing in this press release or on the online platform constitutes legal advice, nor should it be interpreted as creating any partnership, joint venture or employment relationship between the bounty program operator or participants. About Web3bounty.io Web3Bounty.io is an online platform where crypto-related bounty programs are launched, designed to incentivize truth-telling and accelerate recovery of stolen funds through decentralized justice. Follow us on X @web3bountyio Media Contact: Sam Zhang [email protected] Source: https://cryptobriefing.com/web3-bounty-program-tusd-funds/

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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