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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
A Texas judge dismissed a class action lawsuit against the Decentralized Finance project Bancor, ruling that it is not subject to US jurisdiction.
On September 10, a federal judge in Texas dismissed a securities class action against the operator of the Decentralized Finance project Bancorprotocol. Judge Robert Pitman agreed with the judge's opinion, ruling that the plaintiffs failed to prove that US courts have jurisdiction over foreign defendants. The ruling indicates that Bancor's foreign operations are not subject to U.S. securities laws, and the plaintiff cannot sue Bancor in the United States for suspending investment protection. The judge also pointed out that Bancor and its founders do not have sufficient contacts with the United States, and suggested that the plaintiff could file a lawsuit in Israeli courts.