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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
The U.S. prosecutor has filed a motion to prevent Tornado Cash co-founder Roman Storm from appearing as an expert witness.
According to Jinse Finance, Protos disclosed that U.S. prosecutors have filed a motion to prevent expert witnesses for Tornado Cash founder Roman Storm from testifying. The prosecutors claim they are "Trojan horses" that would waste the jury's time and confuse jurors' understanding of privacy, tokenomics, and KYC. This means that Roman Storm's defense team needs more time to respond to the large volume of documents attempting to eliminate eight defense arguments, and the prosecutors even opposed extending the time by two days. In addition, it has been reported that the U.S. Department of Justice has dropped the "unlicensed remittance" charges against Roman Storm and no longer refers to Tornado Cash as a "financial institution," but retains the money laundering charges. It is said that Roman Storm's trial is expected to begin on July 14 in New York, and Vitalik and the Ethereum Foundation have expressed their support for him.