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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
- 🎯 LOT Newcomer Limited-Time Airdrop is Live!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
- 🎯 How to Earn Content Mining Rewards on Gate Post?
1️⃣ Create a post on Gate Post
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- 🚀 Gate Square Creator Spark Program is Live!
We're officially recruiting the first batch of creators on Gate Square! Whether you're a crypto KOL, project team, or media outlet, join now and enjoy:
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
Get Token Mystery Boxes based on your Alpha Points - No points will be deducted.
📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
Multi-chain trading now supported — buy on-chain assets directly with USDT!
🔗 Full details: https://www.gate.com/announcements/article/45683
The Big Day Has Arrived: FTX's $5 Billion Payments Are Starting! Here Are the Official Statements
Former users of the bankrupt cryptocurrency exchange FTX reported that they have started receiving the long-awaited debt payments.
In a statement made today by FTX officials, it was announced that the second round of payments, valued at approximately 5 billion dollars, has officially been initiated as part of the bankruptcy plan.
In an official statement made through the former Twitter account X (, it was stated, "FTX today announced that it has begun the second distribution worth over 5 billion dollars to the holders of accepted claims in the Convenience and Non-Convenience classes, provided that they complete the pre-distribution requirements. Customers can expect to receive payments within 1 to 3 business days starting from today."
During the distribution process, the crypto custody service provider BitGo and the crypto exchange Kraken serve as official "distribution partners". FTX Trading Ltd. had previously announced that the second payment phase would begin on May 30.
The restructuring process after FTX's bankruptcy is receiving mixed reactions from the public. While some criticisms suggest that the plan is unfair, some users welcome the high repayment amounts.
*This is not investment advice.
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