First Digital Trust Reviews

A vanity project lead by leadership who care more about public perception rather than the business itself. Operating in the crypto space but clearly management have no clue about crypto, the direction of the company or what it's purpose is other than to make money for them so they can exit. Run like a local HK firm - huge talent attrition because employees are treated poorly, compensation is poor and no work flexibility, yet management unwilling to admit fault so this will keep repeating ad infinitum. Terrible culture top down. Employees are treated like school children, you are monitored in terms of attendance and everything you do - very rigid set up.

The so-called "optimization" is a thinly veiled excuse of masking incompetence with empty buzzwords. The C-level executives thrive on nepotism and sycophantic flattery, instead of talents with actual contribution. Corruption runs unchecked—someone is blatantly siphoning money from the company using accounting tactics, yet no accountability is ever enforced(You may find a clue from the reason of FDUSD's consistent depegging over 1%-2%). Instead of addressing this rot, they fixate on boastful declarations about FDUSD’s market cap will hit 5b, despite its relentless decline to new lows. The leadership shows no intention of reflecting on their failures, nor do they have any credible plan to proceed with a public listing and expose their financial statements to scrutiny