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- 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward - 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Crisis in the case between Ripple and the SEC: "Convince me"
As the four-year legal battle between Ripple and the Securities and Exchange Commission (SEC) was nearing its end, an unexpected ruling halted the process. Judge Analisa Torres of the Southern District of New York rejected the parties' joint request to reduce the penalty and lift the court injunction, deeming it "procedurally improper."
Ripple and the SEC filed a petition with the court on May 7, requesting that the $125 million penalty imposed in August 2024 be reduced to $50 million and that the injunction on Ripple be lifted. However, Judge Torres stated that the legal process was not properly operated and the public interest was not adequately taken into account, and called on the parties to submit a stronger application. Attorney John Deaton said the decision was a message to the SEC, arguing that the judge sent a message: "I don't approve of everything, convince me."
If the judge had accepted the request, the case would have been closed, Ripple's funds would have been released, and the parties would have withdrawn their mutual appeals. However, with the rejection decision, this process has been postponed. Judge Torres stated in the partial ruling he made in 2023 that the sales of XRP on exchanges are not considered securities, but that federal laws were violated in direct institutional sales.
Ripple's General Counsel Stuart Alderoty stated that the decision did not affect previous rulings in favor of Ripple and emphasized that this was merely a "procedural issue."
At the time the news was written, XRP is trading at a level of 2.44 dollars.
Published: May 16, 2025 17:44