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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
Zero Edge founder Richard Kim was arrested for misappropriating investor funds for gambling
According to an indictment filed by the Federal Bureau of Investigation (FBI) in the Southern District of New York on Tuesday, Kim fraudulently lured investors to invest in Zero Edge, a crypto technology company he founded, and subsequently embezzled millions of dollars of investment funds for gambling, and has now paid $250,000 in bail. （CoinDesk）