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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!
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- 🚀 Gate Square Creator Spark Program is Live!
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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 Singapore court has approved the liquidation of the Multichain Foundation, with KPMG taking over the asset recovery operations.
According to the Gate.io News bot, Cointelegraph reported that the Singapore High Court has approved Sonic Labs' liquidation application against the Multichain Foundation and appointed KPMG as the liquidator.
This liquidation application is due to the 2023 Multichain hacker attack incident, which resulted in a loss of $210 million in assets. As former employees refused to cooperate with the investigation, Sonic Labs chose to resolve the matter through legal means.
KPMG, as the liquidator, will be responsible for recovering assets, and all recovered funds will be used to return to the affected users. It is worth noting that Multichain has ceased operations in 2024, and its CEO has been detained by the police.