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HOT
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Simple Earn
VIP
Earn interests with idle tokens
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Auto-invest on a regular basis
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Buy low and sell high to take profits from price fluctuations
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Top asset management team helps you profit without hassle
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Pledge one crypto to borrow another
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Customized asset management to grow your digital assets
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Stake cryptos to earn in PoS products
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Stake BTC and earn 10% APR
GUSD Minting
New
Use USDT/USDC to mint GUSD for treasury-level yields
Soft Staking
Earn rewards with flexible staking
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- 🎒 Gate Square “Blue & White Travel Season” Merch Challenge is here!
📸 Theme: #GateAnywhere🌍
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At the office, on the road, during a trip, or in your daily setup —
wherever you are, let Gate be part of the view 💙
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Blue & white outfits
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The more personal and creative your story, the more it shines ✨
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Create, launch, and trade your own Meme tokens to share a 3,000 GT!
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3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
O
CEO of NAC Foundation sentenced to 7 years in prison for fraud related to AML Bitcoin
Rowland Marcus Andrade, the founder and CEO of NAC Foundation – the organization behind the AML Bitcoin project – has been sentenced to 84 months in federal prison for fraud and money laundering.
According to the U.S. Department of Justice, from 2014 to 2019, Andrade raised approximately 10 million USD from investors through false statements about technology, business potential, and the launch timeline of AML Bitcoin. One of the fraudulent claims included stating that the Panama Canal regulator was about to approve the use of AML Bitcoin – which was entirely untrue.
The court determined that Andrade had spent over 2 million USD of investor money for personal purposes, including purchasing real estate in Texas and two luxury cars.
The hearing on compensation and asset confiscation will take place on September 16, 2025. Andrade's 7-year prison sentence will start from October 31, 2025.