🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
The founder of the LIBRA token is fighting a class-action lawsuit, citing lack of jurisdiction.
The creators of the LIBRA token are seeking to dismiss a class-action lawsuit in New York, arguing that the court lacks jurisdiction because the token is offered globally. Hayden Davis, co-founder of Kelsier Ventures, is requesting the court to dismiss the lawsuit, claiming that the allegations are not related to New York.
Davis emphasized that he does not reside, trade, or have a presence in New York when the misconduct occurred. He also stated that the promotion of the LIBRA token was not aimed at New York residents. The lawsuit was filed by a group of LIBRA buyers, accusing Davis and the co-founders of deceiving investors about the purpose of the token.
The plaintiff group has obtained a freeze order on assets worth $57.65 million related to the LIBRA project. Davis requests that the lawsuit be dismissed without prejudice so that it can be refiled in another court.