📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Residents of Gali sued three Asian banks for failing to conduct the necessary vetting as a result of an encryption scam
ChainCatcher News, a California resident sued three banks headquartered in Asia, accusing them of failing to perform basic due diligence, resulting in him losing nearly $1 million in a 'pig cutting' encryption fraud. According to the lawsuit filed on December 31, 2024, Ken Liem's lawyer claimed that his client received a contact about an encryption currency investment opportunity through LinkedIn in June 2023 and was persuaded to transfer funds to the fraudster. The funds were then deposited into Fubon Bank and DBS Bank in Hong Kong, and Standard Chartered Bank in Singapore, and eventually transferred to a third-party account. Lawyers accuse these banks of failing to conduct Know Your Customer (KYC) and anti-money laundering compliance checks, failing to identify fraudulent activities, thereby allowing fraudsters to open accounts and carry out scams.