Crypto exchange Huobi announced that it is scheduled to list FUD(FTX Users’ Debt) on Feb.5. 

FUD deposits will open at 07:00(UTC) on Feb. 5

Huobi will be opening FUD spot trading (FUD/USDT) at 12:00 (UTC) on  Feb. 5

FUD withdrawls will open at 12:00 (UTC) on  Feb. 6

FUD (FTX Users' Debt) is a bond token issued by DebtDAO on behalf of FTX creditors. According to DebtDAO, FTX debt amount is approximately $100 million. With an initial supply and circulation of 20 million FUD tokens, representing 2% of FTX's debt, each FUD token has a value of $1.  Once FTX confirms the actual debt amount through its database or official disclosure, DebtDAO will issue additional tokens proportional to the confirmed debt amount and distribute them through an airdrop to all FUD holders. As the most cost-effective and prioritized FTX debt on the network, FUD creditors have the first right to assert their claims on FTX debt. DebtDAO will publish the contract or notarized proof of the debt at an appropriate time. DebtDAO is actively pursuing listing and circulation opportunities with leading exchanges. Creditors with FTX debt exceeding $10 million are also encouraged to contact DebtDAO for a debt audit and issuance, enabling the debt to circulate in the secondary market.