According to Justin Sun, he has reported a misappropriation case involving nearly $500 million of customer reserve funds at First Digital Trust (FDT) to Hong Kong authorities. He met with Hong Kong Legislative Council member Ng Kit Chuang, and submitted related materials to regulatory and legal authorities. Sun expressed confidence in the recovery of the funds and in holding the perpetrators legally accountable.

According to Edward Dowd, the financial operations within the NGO sector may reveal significant misappropriation of funds, suggesting that current investigations are just beginning to uncover the extent of the issue.