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Spot
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Convert & Block Trading
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Alpha
Points
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Leveraged Tokens
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
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HOT
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Unified Account
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Futures Kickoff
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Demo Trading
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
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Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
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Soft Staking
Earn rewards with flexible staking
Crypto Loan
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Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Activity Center
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20 USDT
Earn 40% commission or up to 500 USDT rewards
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Gate Blog
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Proof of Reserves
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TERRA-LUNA CRISIS:...
#BTC #elg #escoin #xrp
Terraform Labs (TFL) and CEO Do Kwon is charged with fraud by the U.S. Securities and Exchange Commission (SEC) for the events that culminated in the collapse of the TerraUSD (UST) and Luna tokens in May 2022. According to the SEC's allegations, from April 2018 to May 2022, TFL and Kwon carried out many unregistered transactions while raising billions of dollars from investors.
TFL has reached an agreement with the SEC for $4.4 billion, and as part of this, the company's operations have been approved for termination. This agreement aims to resolve claims related to the approximately $40 billion in losses suffered by investors as a result of the collapse of TerraUSD and LUNA tokens.