I only use Binance and OKX as exchanges

Others such as Gate Open Sesame

This digital currency exchange was exposed for the crime of opening a casino, and the police have opened a case to investigate. Even more shocking is that the exchange actually used the funds from telecommunications fraud to settle black money, which led to the withdrawal channel being closed by the police, and many major customers were taken away by the police when they withdrew their funds. The company's founder was even exposed to be planning to run away with the funds, causing huge losses to investors.

1. Casino Crime Investigation:

The news that the Gate digital currency exchange was suspected of operating a casino shocked the industry. According to the police, the platform set up gambling games in its trading system, using digital currencies as stakes to attract investors to engage in gambling-style transactions. This suspected illegal and criminal behavior has aroused the high vigilance of relevant departments.

2. Telecommunications fraud and money laundering settlement:

What is even more incredible is that the Gate digital currency exchange actually used telecommunications fraud to settle customers' transactions with illegally obtained funds. It is reported that the platform showed investors excellent performance through fictitious transaction data and profits, but in fact it used funds obtained through telecommunications fraud to make false settlements. This serious illegal behavior not only involves defrauding investors, but also has attracted widespread attention from the society.

3. The withdrawal channel is blocked:

Due to the illegal behavior of the Gate Sesame Open Door digital currency exchange, the relevant public security organs quickly took measures to seal off its withdrawal channels. The withdrawal operations of many major customers were suspended, and the withdrawal funds of some customers were taken away by the public security organs, which put investors' funds at great risk.

4. Public security intervenes in the investigation:

As the scandal was exposed, the public security authorities have intervened in the investigation of the Gate digital currency exchange. Many company executives and related personnel were taken away to cooperate with the investigation, and rumors that the founder planned to run away with the funds intensified.

5. Investors suffer serious losses:

The illegal behavior of the Gate digital currency exchange resulted in serious losses for investors, especially large customers who were hit even more significantly. Investors' concerns about the security of funds continue to escalate, and all sectors of society call on relevant regulatory authorities to take measures as soon as possible to protect the rights and interests of investors.

The scandal of the Gate Sesame digital currency exchange has aroused the vigilance of the entire digital currency industry. Regulators should quickly take effective measures to strengthen the supervision of digital currency trading platforms, maintain market order, and protect the legitimate rights and interests of investors. #美国5月核心PCE物价指数年率增幅创2021年3月以来新低