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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
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Interim US Attorney appointed in New York district amid high-profile trial of former SafeMoon CEO
The interim U.S. Attorney for the Eastern District of New York is preparing to take legal action against the CEO of SafeMoon. The trial is set to commence soon, marking a significant development in the cryptocurrency world. SafeMoon has gained popularity in recent months, but now faces potential legal challenges that could impact its future.
The Eastern District of New York’s Attorney is focused on investigating the CEO of SafeMoon, delving into potential violations of financial regulations. This trial could have far-reaching implications for the entire cryptocurrency industry, shedding light on the need for regulatory oversight in this rapidly evolving space.
SafeMoon, like many other cryptocurrencies, has seen a surge in interest from investors seeking to capitalize on the volatile market. However, the scrutiny from the U.S. Attorney’s office highlights the importance of transparency and compliance in the crypto world.
As the trial unfolds, the future of SafeMoon hangs in the balance. Investors and enthusiasts alike will be watching closely to see how this legal battle plays out and what it means for the broader cryptocurrency landscape. Stay tuned for updates on this unfolding story.
This article was originally published as Interim US Attorney appointed in New York district amid high-profile trial of former SafeMoon CEO on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.