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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Former CEO of the Korean exchange released on bail in bribery case related to coin listing, paid a deposit of 50 million won to be released.
[Golden Finance] According to reports, Lee Sang-joon, the former CEO of a certain platform in the South Korean crypto exchange, has been granted bail after being detained for six months following his conviction. Lee Sang-joon was sentenced to two years in prison in the first instance for allegedly accepting bribes amounting to hundreds of millions of Korean won to list two crypto assets on the platform. He was released after being detained since December 2024. The bail conditions include restrictions on changing residence, not leaving the country without court approval, posting a deposit of 50 million Korean won (approximately $36,500), and prohibiting contact with involved parties.