📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The US SEC won a case involving encryption fraud, and the defendant has been ordered to pay over 1.1 million dollars.
On June 5, Cointelegraph reported that the U.S. Securities and Exchange Commission (SEC) won a $1.1 million court win in a crypto fraud case in which the defendants did not respond to the allegations. A federal court judge in Georgia ruled in absentia in favor of the SEC's lawsuit against Keith Crews. The SEC sued Crews in August 2023 for involvement in cryptocurrency fraud, but Crews did not respond or defend against it. Judge Tiffany Johnson ordered Crews to pay more than $1.1 million in financial penalties, including the return of $530,000 in net profits for alleged misconduct, nearly $51,000 in prejudgment interest, and $530,000 in civil penalties. In addition, the judge also ruled that Crews is permanently barred from violating securities laws again.