💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
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Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
FTX Trust sues Bitcoin mining company Genesis Digital, demanding the recovery of $1.5 billion.
[FTX Trust Sues Bitcoin Mining Company Genesis Digital, Seeking to Recover $1.5 Billion] FTX's restructuring trust has filed a lawsuit against the Bitcoin mining company Genesis Digital Assets in the U.S. Bankruptcy Court for Delaware, accusing former FTX CEO Sam Bankman-Fried of investing $1.15 billion in the company through Alameda using commingled and misappropriated funds, calling it one of his "most reckless investments." The lawsuit seeks to recover $1.5 billion. The FTX restructuring trust stated that Genesis Digital is based in Kazakhstan, is severely overvalued, and that the unaudited financial statements provided are "not reflective of reality," noting that the area was facing power shortages, new taxes, and energy restrictions at the time. A spokesperson for Genesis Digital declined to comment.