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- 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
Let’s cheer on crypto beginners together!
📚 Learn trading tips ｜ 🎯 Unlock newbie perks ｜ 🤝 Grow with the community
⏰ Event Date: Sept 17 – Sept 24
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3 lucky winners → Gate X RedBull Tumbler + $20 Futures Trial Voucher
If merchandise cannot be shipped, it will be replaced with a $30 Futures Voucher
✨ You’re not alone—join #GateNewbieVillage# today! - 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
Share your creations with trending topics and get a chance to split $5,000 in rewards! 🎁
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1️⃣ Post with the hashtag #Gate Square Mid Autumn Creator Incentive# .
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Genesis Global Capital initiated a $1 billion fund recovery lawsuit against its parent company DCG.
According to Gate News bot, Bloomberg reported that the cryptocurrency lending institution Genesis Global Capital filed a lawsuit against its parent company Digital Currency Group (DCG) in the bankruptcy court for the Southern District of New York. Genesis is seeking to recover over $1 billion in fund transfers made in the year prior to filing for bankruptcy.
The lawsuit documents show that DCG, DCG founder Barry Silbert, and his affiliates engaged in mutual fund transfers during Genesis's insolvency. Genesis requests the court to classify these transfers as "preferential payments" under bankruptcy law, in order to void and recover the relevant amounts. Among these, the cryptocurrency payment portion amounts to $582 million, and the total amount of preferential transfers exceeds $1.2 billion.
Source: Bloomberg
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