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Hundreds of contracts settled in USDT or BTC
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New
Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Use USDT/USDC to mint GUSD for treasury-level yields
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- 🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
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📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
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⏰ Event Time: Nov 5 10:00 – Nov 12 26:00 UTC
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🎁 Rewards
3 lucky participants → Gate X RedBull Cap + $20 Position Voucher
If delivery is unavailable, th
The Trap of Fake Luxury: The Tragic Story of an Argentine Crypto Influencer
Fernando Perez Algaba’s death in July 2023 was not just a case of violent crime but a reflection of a much deeper problem in the crypto industry: the illusion of wealth.
What Really Happened
Appearing wealthy on social media, Algaba was drowning in debt. His financial problems stemmed from bad crypto investments and loans from dangerous sources, including the Argentine football hooligan groups ( and violent fan groups ). He also owed money to the Argentine tax agency. A week before his death, he received violent threats. On July 23, 2023, he was found dismembered in a suitcase in Ingeniero Budge, Buenos Aires Province.
The 3 Fatal Mistakes
1. disastrous financial management: Investing recklessly in crypto and then borrowing money from criminals. Classic financial suicide.
2. Dangerous associations: When you didn’t pay back the hooligan groups, you went from being a “friend” to a problem. These groups don’t send lawyers.
3. The social media lie: Showing off luxuries he couldn’t afford. The gap between his image and reality was his death sentence.
A Message to the Crypto Community
This story is not just a personal drama. It’s a reminder: in crypto, there’s a lot of easy money ( and a lot of easy losses ). When you mix real debts with debts to dangerous people, no blockchain can save you. The luxury you see on Twitter might be funded with money that will never truly belong to anyone.