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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
South Korean prosecutors conduct first investigation into former lawmaker Kim Nam-guk suspected of improper Cryptocurrency trading
Jinse Finance reported that according to Yonhap News Agency, South Korean prosecutors conducted the first investigation against former congressman Kim Nam-guk for possible illegal cryptocurrency trading activities during his tenure as a congressman. Earlier, there were reports that former congressman Kim Nam-guk held Virtual Money such as Wemix Coin, Mabrex, BORA, with a total value of up to 6 billion Korean won (approximately 4.48 million US dollars), which raised public suspicions about the source and use of his investment funds. He is also suspected of engaging in improper transactions using undisclosed information obtained from the gaming industry, profiting from buying coins at low prices.