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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
🎁 Complete simple tasks, get up to 13.2 GT per user
📅 From July 8 to July 20
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- 📢 #Gate Square Writing Contest Phase 1# is now officially launched!
Share your unique insights on the CROSS project and stand a chance to win $500 worth of CROSS rewards!
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1. Publish your unique insights on the CROSS project in Gate Square.
2. Add the tag #Gate Square Writing Contest Phase 1# to your post (minimum of 300 words).
3. Share your article or insights on X with the tags: Gate Square & CROSS.
Essay Content Directio
- 🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
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3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
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📅 End at: July 9, 16:00 UTC
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The US SEC won a case involving encryption fraud, and the defendant has been ordered to pay over 1.1 million dollars.
On June 5, Cointelegraph reported that the U.S. Securities and Exchange Commission (SEC) won a $1.1 million court win in a crypto fraud case in which the defendants did not respond to the allegations. A federal court judge in Georgia ruled in absentia in favor of the SEC's lawsuit against Keith Crews. The SEC sued Crews in August 2023 for involvement in cryptocurrency fraud, but Crews did not respond or defend against it. Judge Tiffany Johnson ordered Crews to pay more than $1.1 million in financial penalties, including the return of $530,000 in net profits for alleged misconduct, nearly $51,000 in prejudgment interest, and $530,000 in civil penalties. In addition, the judge also ruled that Crews is permanently barred from violating securities laws again.