The Dubai court recently supported Sun Yuchen's claim for rights protection. The matter traces back to last year when he posted several tweets, launching a full-scale criticism against First Digital Trust, the custodial agency.

What is the core of the controversy? As the custodian of TUSD, this institution has been accused of misappropriating the reserve funds of the stablecoin for inappropriate investment projects. The reserves were supposed to be a safety net for the stablecoin, but instead, they were used for risky ventures, which would raise alarms for anyone.

Now the court is siding with Sun Yuchen, marking a significant moment in this tug-of-war. Where the boundaries of the custodial institutions lie, this case has taught the industry a lesson.