The Busan District Court in South Korea sentenced a gang member to eight years in prison for embezzling $332,000 in Bitcoin from a friend and using it for illegal gambling. This case reflects the risks of cryptocurrency in fraud and money laundering, with regulatory and enforcement efforts continuously strengthening, and investors need to be cautious when dealing with digital asset transactions.

Gate News bot message: According to Gate's official announcement Gate has delisted the trading markets for 24 tokens, including ATEM, SUDO, DAFI, CHAPZ, WIZZ, PMG, SKEB, BOT, NFM, DUKO, CEEK, OMG, DYP, SERSH, AKITA, GRBE, DOPE, TEDDY, JUM, FRIEND, SQUID, FEI, MLT, and BAKE. All of these tokens do not meet Gate's standards for opening trading. Gate has repurchased the relevant tokens stored on the platform. The repurchase amounts for eligible users have been credited to their accounts. After delisting, users can still use Gate as a wallet to store assets of these tokens. The specific timeline for delisting and detailed procedures for the wallet function will be announced separately.