#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 CFTC ordered Debiex to be awarded $2.5 million in damages for the "pig slaughter" fraud
Mars Financial News, on March 17, according to Cointelegraph, Judge Douglas Rayes of the U.S. Federal Court of Arizona ruled on March 13 that crypto platform Debiex was required to return about $2.26 million of stolen funds to victims and pay $221,500 in civil penalties for a total of nearly $2.5 million in compensation for alleged "pig slaughter" fraud. The platform has not previously responded to the CFTC (U.S. Commodity Futures Trading Commission) lawsuit, and the judge found that it had "ignored the proceedings without justification."