Gate News bot message, according to the latest announcement from the Gate platform: Gate will delist 21 tokens from the relevant trading markets, including ION, FOCAI, RBTC, TOMA, TELE, DAPP, AIR, APTR, WNE, ZODI, SFM, GHIBLI, MICRO, TITAN, RPK, SUIRWAPIN, FREEDOG, PBUX, GRAIL, CATHEON, and LEASH. The platform will suspend services such as spot trading, quantitative grid, remaining coin treasure, and leveraged trading for these tokens on October 20, 2025, at 11:00 ( UTC+8. For users who still hold these tokens, Gate will provide a buyback service from November 3 to November 10, 2025, with the buyback price set individually for each currency, and the maximum compensation amount for a single user is 100 USDT. The relevant token recharge services have been suspended, and leveraged lending and collateral lending will close for new business on October 14, 2025, at 16:00 ) UTC+8. Gate will retain the wallet storage functionality for these tokens, and the specific delisting time will be notified separately.

According to Gate News bot, Cointelegraph reported that on May 21, a federal jury in the Eastern District of New York found former SafeMoon CEO Braden John Karony guilty of conspiracy to defraud the United States, Money Laundering, and wire fraud, all three felony charges. Prosecutors allege that Karony, along with former CTO Thomas Smith and project founder Kyle Nagy, misappropriated millions of dollars worth of SFM tokens in 2023. In this case, Smith has pleaded guilty and testified. Another involved party, Nagy, is currently at large and is reportedly on the run in Russia.