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- 🚨 Gate Alpha Ambassador Recruitment is Now Open!
📣 We’re looking for passionate Web3 creators and community promoters
🚀 Join us as a Gate Alpha Ambassador to help build our brand and promote high-potential early-stage on-chain assets
🎁 Earn up to 100U per task
💰 Top contributors can earn up to 1000U per month
🛠 Flexible collaboration with full support
Apply now 👉 https://www.gate.com/questionnaire/6888
- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event - 5 Days Left!
Share Alpha trading screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Gate Alpha 3rd Points Carnival Issue 10 is in full swing!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/campaigns/1522alpha?pid=KOL&ch=5J261cdf
- 📢 Gate has released its latest Proof of Reserves report!
As of July 11, 2025:
💰 Total reserves reached $10.504 billion
📈 Reserve ratio stands at 126.03%
✅ Covers over 350 types of user assets
🔼 Surplus reserves increased 10.66% to $2.17 billion
Committed to transparency and user fund security.
📎 Learn more: https://www.gate.com/proof-of-reserves
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
The SEC has sued the founder of PGI Global for allegedly defrauding $198 million in encryption assets.
Gate.io News bot message, the SEC has filed a lawsuit against PGI Global founder Ramil Palafox in the Eastern District Court of Virginia. According to the lawsuit documents, Palafox raised approximately $198 million through a "membership" package and multi-level marketing model from January 2020 to October 2021.
The investigation showed that Palafox misappropriated over $57 million to purchase Lamborghinis, luxury goods, and cover personal expenses. The remaining funds were used in a Ponzi scheme to pay investor returns and referral rewards, which ultimately collapsed at the end of 2021.
The SEC has charged Palafox with violations of anti-fraud and registration provisions, requesting the court to issue a permanent injunction, a restraining order, and to recover illegal gains and civil penalties. The SEC has also filed criminal charges against the relevant parties.
Source: Wu Shuo