- Topic
21k Popularity
21k Popularity
139k Popularity
3k Popularity
18k Popularity
- Pin
- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Mastermind Executes Massive Tax Shelter Fraud Scheme, Ripping $45,000,000 From US Government: DOJ - The Daily Hodl
A man from Colorado is pleading guilty to masterminding a tax shelter fraud scheme that stole tens of millions of dollars from the US government.
In a new press release, the U.S. Department of Justice (DOJ) says that between 2018 and 2023, Timothy McPhee promoted a fraudulent tax shelter that helped those who purchased it evade paying federal taxes on their income.
According to the DOJ, McPhee would instruct clients to assign most of their business income to trusts to conceal their origins and spend money in the trust bank accounts on personal expenses and fraudulently report them as deductions to greatly reduce their taxable income.
Authorities found that McPhee’s illegal tax shelter caused the US government to miss out on $45 million worth of unpaid taxes. Furthermore, he was found to have concealed $5 million worth of earned income between 2016 and 2021 personally, resulting in $1.8 million worth of unpaid taxes.
The DOJ also says that between January 2023 through May 2024, McPhee ran an investment scheme called the “ROI Cash Flow Fund,” which promised investors a 3% monthly payout on their principal investment by sending funds to a third-party borrower who was supposed to engage in foreign currency trading.
However, instead of sending the funds, McPhee would embezzle them to make the promised 3% monthly payouts and use them on his own personal expenses.
McPhee is scheduled to be sentenced on October 23rd and faces a maximum of 30 years behind bars if convicted of his charges, which include conspiring to defraud the United States, wire fraud, and tax evasion.
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Generated Image: Midjourney