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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
The founder of Tornado Cash faces trial, prosecutors obstruct expert witnesses from appearing in court.
Odaily News The U.S. prosecutor has filed a motion to prevent expert witness Roman Storm, the founder of Tornado Cash, from testifying, claiming it would waste the jury's time and confuse the jurors' understanding of privacy, tokenomics, and KYC. The case has changed, with the Department of Justice dropping the unlicensed remittance charges but retaining the money laundering charges, and ceasing to refer to Tornado Cash as a financial institution. Storm warned: If I lose, DeFi will go down with me. The Ethereum Foundation has provided $500,000 for Storm's defense and will match $750,000 in community donations, emphasizing that privacy is normal and writing code is not a crime. The case will go to trial in less than 30 days. (Protos)