Gate News Bot news, on September 4th, according to CoinMarketCap, as of the time of writing, FLOCK (FLock.io) is currently priced at $0.30, with a rise of 9.03% in the last 24 hours, reaching a high of $0.32 and a low of $0.23. The current market capitalization is approximately $63.6 million, an increase of $5.26 million compared to yesterday. FLock is a blockchain-based federated machine learning platform. The platform aims to provide private AI training infrastructure, enabling collaborative training using local data while maintaining data ownership and privacy. FLock supports fine-tuning of foundational models such as large language models and Stable Diffusion, and achieves scalable infrastructure through LoRA. The platform adopts a community ownership model, allowing participants to share data, feedback, and rewards for computational resources. FL

On September 4, Jin10 reported that on Wednesday, the French data protection authority imposed a record fine of €325 million (approximately $380 million) on the American search giant Google (GOOG.O) for failing to comply with relevant internet cookie regulations. The regulator stated that Google was fined for "displaying ads between Gmail users' emails without user consent and placing cookies without valid user consent when users created Google accounts."

A U.S. federal court sentenced former Cred CEO Daniel Schatt and CFO Joseph Podulka to 52 months and 36 months in prison, respectively, for conspiracy to commit wire fraud, and they are required to pay a fine of $25,000. The two conspired to mislead Cred customers, leading to the company's bankruptcy in 2020, with customer claims exceeding $140 million.

Gate News Bot message, August 26, according to CoinMarketCap data, as of the time of writing, FLOCK (FLock.io) is currently priced at $0.47, with a rise of 51.85% within the last 24 hours, reaching a high of $0.48 and a low of $0.18. The current market capitalization is approximately $101 million, an increase of $34.6 million compared to yesterday. FLock.io is a private AI training platform that offers local data, collaboration, and decentralized full-stack AI co-creation solutions. The platform supports data ownership, foundational model fine-tuning, scalable infrastructure, and community ownership. FLock.io's AI technology enables smarter collaboration by streamlining communication, automating tasks, and enhancing productivity. The project has gained the trust and support of several industry pioneers, including Morpheus, Animoca Brands, Base, Hyperbolic, IO.net, and Akash.

Gate News Bot news, on August 26, according to CoinMarketCap, as of the time of writing, FLOCK (FLock.io) is currently priced at 0.47 USD, having risen 51.85% within 24 hours, reaching a maximum of 0.48 USD and a minimum of 0.18 USD. The current market capitalization is approximately 101 million USD, an increase of 34.6 million USD compared to yesterday. FLock.io is a private AI training platform that offers local data, collaboration, and decentralized full-stack AI co-creation solutions. The platform supports data ownership, foundational model fine-tuning, scalable infrastructure, and community ownership. FLock.io's AI technology enables smarter collaboration by streamlining communication, automating tasks, and enhancing productivity. The project has gained trust and support from several industry pioneers, including Morpheus and Animoca.

Gate News Bot news, August 22, according to CoinMarketCap data, as of the time of writing, FLOCK (FLock.io) is currently priced at 0.25 USD, having risen 19.89% in the last 24 hours, with a high of 0.26 USD and a low of 0.18 USD. The current market capitalization is approximately 53.34 million USD, an increase of 8.84 million USD compared to yesterday. FLock.io is a blockchain-based federated machine learning platform focused on providing private AI training infrastructure. The platform allows for local data training and hosting while ensuring that data remains local. For crowd-sourced data, contributors will receive fair rewards. FLock.io supports fine-tuning of large language models, Stable Diffusion, etc., and can work independently or in collaboration with other FLock nodes to reduce data requirements. This platform...

According to a report by Jinse Finance, Pennsylvania Democratic Representative Ben Waxman has introduced a bill (HB1812) that aims to prohibit public officials and their immediate family members from profiting from Crypto Assets during their terms, including the issuance, promotion, or trading of digital assets in which they have a financial interest. The bill stipulates that relevant individuals may not conduct more than $1,000 in Crypto Assets transactions during their term and for one year after leaving office, and they must close all positions within 90 days of the bill taking effect. Violations can result in up to 5 years in prison or a fine of up to $50,000. Waxman introduced this bill in response to the controversy surrounding Trump and his family allegedly profiting from public office.

Jin10 data, August 22 - On August 21 local time, the New York State Appellate Court rejected the judgment that U.S. President Trump was sentenced to a fine of approximately $500 million for civil fraud. Trump stated on his social platform "Truth Social" that he greatly respects the court for having the courage to overturn this illegal and shameful ruling, claiming that from a business perspective, this ruling is "an unprecedented political persecution." On the same day, the New York State Attorney General's Office filed an appeal regarding the appellate court's rejection of the ruling.

Golden Finance reports, market news: The civil fraud fine of $464 million imposed on U.S. President Trump has been dismissed by the New York State appellate court.

Gate News Bot Message, August 21, according to CoinMarketCap, as of the time of writing, FLOCK (FLock.io) is currently priced at $0.23, having risen 26.11% in the last 24 hours, with a peak of $0.26 and a low of $0.18. The current market capitalization is approximately $50.2 million, an increase of $1.04 million compared to yesterday. FLock is a blockchain-based federated machine learning platform dedicated to providing private AI training solutions. The platform supports features such as local data, collaborative training, and decentralized governance, aiming to achieve goals like data ownership, foundational model fine-tuning, scalable infrastructure, and community ownership. The FLock ecosystem is supported by several well-known institutions, including Digital Currency Group, Lightspeed Fraction, and the Ethereum Foundation.

ChainCatcher news, EdgeX Labs announced the launch of a brand new official website, fully presenting the hybrid AI + DePIN technology architecture that integrates cloud and edge, along with the global Computing Power network layout. This upgrade focuses on PaaS and SaaS level AI services, deeply integrating multimodal large language model capabilities, hybrid AI Computing Power scheduling protocols, and the global Node network, providing developers and enterprises with full-link support from model deployment, personalized fine-tuning to real-time inference. At the same time, the newly integrated TTS voice service and multimodal interaction system enable text, images, and voice to achieve low latency and efficient collaboration within the same intelligent network. EdgeX Labs Smart Hardware Matrix: PoS GPU-Server for enterprise-level high concurrency inference, PoW AI Dual

Algeria issued Law No. 25-10 on July 24, which completely bans activities related to Crypto Assets, including issuance, trading, and Mining. Violators will face imprisonment and fines, as the law aims to strengthen AML and anti-terror financing regulations.

Gate News bot message, the White House recently released Trump's latest health report. According to the doctor's assessment, Trump has chronic venous insufficiency, leading to mild swelling in the lower limbs, but this is considered a benign condition. The report indicates that Trump's other test results are all within normal ranges, and his heart structure and function are also normal. In addition, the report mentioned that Trump had slight bruising on his hands, which is related to his habit of frequently shaking hands with people. Overall, this health report shows that Trump's physical condition is generally fine.

Gate news, on June 28, Ripple Labs CEO Brad Garlinghouse announced on social media that Ripple will abandon cross-appeals in the case against the SEC, and Ripple will turn the page completely, focusing on the most important matter—building the value internet, with the overall situation already determined. This also means that Ripple will accept a $125 million fine and the permanent injunction will continue to be in effect. This latest development is significant for both Ripple and XRP. A new month has begun, can XRP welcome a rise?

Ripple Labs CEO Brad Garlinghouse announced that Ripple will abandon its cross-appeal with the SEC and instead focus on building the Internet of Value. At the same time, the judge denied the SEC and Ripple's settlement request, upholding the injunction against Ripple.

Gate News bot message, U.S. District Judge Analisa Torres in the Southern District of New York has rejected the SEC and Ripple's settlement request for the second time. The request aimed to reduce the fine to 50 million dollars and lift the permanent injunction, but the judge believes that Ripple may still violate the law again, and the injunction must be upheld.

Judge Analisa Torres of the Southern District of New York has once again denied the SEC's request to settle with Ripple, believing that Ripple may reoffend and that the permanent injunction must be maintained. Although the civil fine has been reduced to $50 million, the judge emphasized the importance of the injunction.

Gate News bot news, according to CoinTelegraph, Seattle-based encryption ATM operator Coinme has agreed to pay a fine of $300,000 for violating the daily transaction limit for encryption ATMs in California.

Gate News bot news, Elon Musk spent 33 billion dollars for the acquisition of social media platform X, a move that has triggered a new round of scrutiny from the EU, with regulators assessing the fine amount under the Digital Services Act.

Gate News bot reports that according to Bloomberg, Google's fight against the EU's record €4.1 billion ($4.7 billion) antitrust fine has suffered a setback, after an advisor to the EU's top court stated that the regulators' punishment of the American giant for abusing its dominance in the Android market was correct. EU Court Attorney General Juliane Kokott stated in a non-binding opinion that Google's appeal should fail due to the company's insufficient legal arguments.

Gate News bot news, after nearly five years of litigation, Ripple and the U.S. Securities and Exchange Commission (SEC) have finally reached a settlement, but both parties still need to persuade the judge to rewrite the ruling. The latest joint motion from both sides requests Judge Analisa Torres to lift the injunction against Ripple and reduce its $125 million fine to $50 million, on the grounds that "special circumstances" justify the request. However, crypto assets lawyer John Deaton stated in a recent X broadcast that this motion "misses the mark." He warned that the judge is not likely to hastily overturn a ruling she has carefully crafted over the years. In his view, the motion missed a crucial opportunity to persuade. It failed to emphasize how the SEC, under former Chairman Gary Gensler, implemented an overly aggressive and contradictory enforcement strategy, which has since been rescinded under current Chairman Paul Atkins.

According to Gate News bot, as reported by Bitcoin News, the Commodity Futures Trading Commission (CFTC) recently announced that the federal court in Massachusetts made a final default judgment in the My Big Coin encryption fraud case. The court ruled that Mark Gillespie, John Roche, and their controlled entities My Big Coin Pay Inc and My Big Coin Inc are jointly liable for a civil fine of approximately $19.32 million and $6.44 million in damages. The case originated from the period between 2014 and 2017, during which the parties involved deceived 28 investors by using a false "gold backing" as a gimmick to illegally obtain over $6 million in funds. The main responsible person, Randall Crater, has been sentenced to 100 months in prison. The CFTC stated that asset recovery efforts are still ongoing. Source: Bitcoin News

Gate News bot message: According to the latest court documents, Ripple and the SEC have jointly filed an application with the court to approve a new settlement plan. This plan includes lifting the injunction against Ripple and reallocating the $125 million fine: $50 million to be paid to the SEC, and the remaining $75 million to be refunded to Ripple. Both parties mentioned in the application documents that the SEC has recently made a significant shift in its stance on cryptocurrency regulation and pointed out that this "special circumstance" constitutes the basis for modifying the judgment, aiming to conclude this nearly five-year lawsuit. Source: The Block

According to the Gate News bot, Cryptonews reported that Russia's Ministry of Digital Development recently proposed a new regulatory measure. According to the proposal, individuals engaged in illegal crypto mining will be fined between 100,000 and 200,000 rubles (1,272-2,544 USD), individual entrepreneurs and officials will be fined between 200,000 and 400,000 rubles (2,544-5,088 USD), and companies will face fines of up to 2 million rubles (25,500 USD), while related crypto assets will be confiscated. In addition, the proposal stipulates that the use of cryptocurrency payments outside the regulatory sandbox of the Central Bank of Russia will be prohibited, and violators will face a fine of 1 million rubles and asset confiscation.

PANews, June 11th news, according to Cryptonews reports, the Russian Ministry of Digital Development is drafting new regulations to combat illegal crypto mining. The draft stipulates that individuals engaging in illegal mining will face fines of 100,000 to 200,000 rubles, while companies can be fined up to 2 million rubles, and the involved crypto assets will be confiscated. The proposal is currently in the interdepartmental review stage. The new regulations clearly prohibit the use of crypto assets for payment settlements, with a maximum fine of 1 million rubles for violators. Mining operators must report mining data and wallet addresses to the financial regulatory authority. Current policies in Russia allow household mining (with a monthly electricity consumption not exceeding 6000 kWh), but restrictions are implemented in 10 regions. The central bank stated that confiscating crypto assets will become the most effective deterrent.

Gate News bot, ECB Governing Council member Kazmir said that we need to keep all options open, and economic data over the summer period will indicate whether further fine-tuning is needed. I think there are clear downside risks to growth, but it would be a mistake to ignore the upside risks to inflation. I think we're almost done with the easing cycle, and maybe even close to or have reached the end. **

Gate News bot, ECB Governing Council member Kazaks said that the market should not expect a rate cut at every meeting, and a pause in July is likely. Inflation is expected to be below 2% for some time, and we must remain vigilant. Unless we deviate from the baseline scenario, further rate cuts will be seen as fine-tuning.

According to BlockBeats, on June 6, U.S. President Trump said "Oh, it's fine" when asked about his public falling out with TSL CEO Elon Musk, as reported by Politico on Thursday. He also stated, "Things are going very well; it's never been this good." White House aides have arranged a call with Musk on Friday to facilitate reconciliation. (Jin10)

Gate News bot reports that in a brief phone call, when asked about his public "breakup" with Musk, U.S. President Trump stated, "Oh, it's fine. The situation is going very smoothly, unprecedentedly good."

Gate News bot reported that on June 3, a federal court judge in Georgia issued a default judgment in favor of the SEC in the U.S. Securities and Exchange Commission's (SEC) crypto fraud case against Keith Crews. Crews failed to respond to the lawsuit filed by the SEC in August 2023 and did not file any defense. The SEC alleges that he raised at least $800,000 from about 200 investors through the sale of "so-called cryptoasset securities" called "Stemy Coin," and that many of the investors were "solicited through relationships with African Americans and the church community." Judge Tiffany Johnson ordered Crews to pay a fine of more than $1.1 million, found that he should return $530,000 in net profits derived from his alleged misconduct, and ordered him to pay nearly $51,000 in prejudgment interest and $530,000 in civil penalties.

Jin10 Data, May 29 - Jinji Co., Ltd. announced that the fundraising project "Fine Chemical Products Project (Phase I)" has completed the committed investment of raised funds, and the raised funds for this project have been basically used up, now proceeding to project completion. The total raised funds invested in this project amounted to 793 million yuan, with an investment progress of 104.37% and a remaining amount of 752,800 yuan.

Gate News bot message, encryption KOL Ansem stated: "A few days ago, my brother asked me when it’s a good time to buy Bitcoin, and I said anything below 100,000 USD is fine. But then I thought about it carefully and realized that those who don’t constantly follow the charts can’t find ideal get on board opportunities. The best strategy is to buy some every time you get paid, and then just wait. Whenever you see the price fall more than 20% from a high point, buy double."

On May 23, Jin10 reported that the Securities Regulatory Commission has launched an investigation into Xia Dequan's manipulation of the securities market. It was found that Xia Dequan committed the following illegal acts: during the period in question, he controlled and used multiple securities accounts to manipulate several stocks, with a total profit of 27,978,668.43 yuan. The Securities Regulatory Commission has decided to confiscate Xia Dequan's illegal gains of 27,978,668.43 yuan and impose a fine of 27,978,668.43 yuan.

Odaily News According to on-chain analyst Yu Jin's monitoring, "Recently, whales who have shorted $ETH at the highest price multiple times have a win rate of 0:" He borrowed 5,000 ETH ($12.45 million) from Aave in the past 50 minutes and then shorted it at a price of $2,491. His last short of 10,000 ETH was fine as he bought it back to close before the ETH surge, only losing $430,000. If he hadn't closed it, he would have lost $7 million by now.

According to a report by Jinse Finance, CitizenX CEO Alex Recouso revealed on X platform that Europe is implementing capital controls, with Spain imposing a fine of 3,000 euros for failing to report cash withdrawals exceeding 150 euros within 24 hours. In response, Tether CEO Paolo Ardoino stated, "The atmosphere for the digital euro is intensifying."

Gate.io News bot message, according to the joint motion filed by Ripple and the SEC in the Federal District Court for the Southern District of New York, the parties have reached a settlement agreement. The protocol requires the court to issue a declaratory judgment to terminate the injunction against Ripple and release the $125 million civil penalty in the escrow account. Of this, Ripple will pay $50 million to the SEC, and the remaining amount will be returned to Ripple. Source: Wu Shuo

BlockBeats news, on May 7, U.S. President Trump stated that there is no problem with the USMCA. The agreement is there, everything is fine. Canadian Prime Minister Karney indicated that some aspects of the USMCA will have to be adjusted. U.S. President Trump: (speaking about expectations changes regarding the USMCA) perhaps just slight changes. (Jin10)

According to Gate.io news bot, according to the Xiamen procuratorate, Chen obtained Hong's account and login password when he was entrusted to help Hong operate virtual currency investment. Chen then falsely claimed that his account was disconnected, tricked Hong into providing various verification codes, and used real-time verification codes to transfer the virtual currency in Hong's account to his account. Chen made a profit of more than 160 yuan after selling the stolen virtual currency, and used all the proceeds to repay personal debts. The court finally sentenced Chen to 11 years in prison and a fine for theft. Source: Wu Says

Three programmers were sentenced for illegally obtaining users' private keys and mnemonic phrases by implanting a backdoor in the iToken Wallet app, illegally obtaining a total of 27,622 mnemonic phrases, 10,203 private keys, and successfully converting 19,487 digital wallet addresses. A three-year sentence and a fine were awarded, and a three-year ban on engaging in work related to network security management and network operations was granted at the end of the sentence.

The New Hampshire House passed a Bitcoin reserve bill; the White House issued an order to modify the reciprocal tariff rates; the SEC withdrew charges against Nova Labs; Block accepted a $40 million fine; the SEC issued new guidelines to strengthen information disclosure for encryption projects; Trump is preparing to sign a congressional resolution to overturn IRS crypto tax rules; the New York Attorney General sent a letter to Congress urging the introduction of a digital asset regulatory framework.

Wall Street regulators have reached a $40 million settlement agreement with Block, Inc., with the New York Department of Financial Services pointing out that Block had "significant failures" in its AML compliance program, specifically failing to conduct adequate due diligence on customers, leading to vulnerability to criminal exploitation, and criticized its handling of Bitcoin transactions as overly lenient. The company has agreed to hire an independent monitor.

According to Gate.io News bot, the Financial Times reported that UK digital banking giant Revolut has been fined 3.5 million euros by the Central Bank of Lithuania due to significant flaws in its customer transaction monitoring system, setting a record for the highest fine in the company's history. The Bank of Lithuania found in an investigation that Revolut failed to timely identify suspicious transactions, violating anti-money laundering regulations.

Jin10 reported on March 28 that on March 27 local time, after nearly two months of hearings, the Paris prosecution accused former French President Nicolas Sarkozy of illegally accepting campaign funding from former Libyan leader Muammar Gaddafi, demanding a sentence of 7 years in prison and a fine of 300,000 euros. Sarkozy is being tried for charges including illegal campaign financing, corruption, concealment of misappropriation of public funds, and criminal conspiracy, facing up to 10 years in prison, a fine of 375,000 euros, and disqualification from holding public office for up to 5 years.

Odaily News The well-known American rapper Eminem's former sound engineer Joseph Strange illegally sold 25 unreleased tracks of Eminem for about $50,000 in Bitcoin. He faces up to five years in prison and a fine of up to $250,000. (Crypto Briefing)

On March 20, Jinshi Data reported that StarNet RuiJie launched the DeepSeek enterprise private Computing Power integrated machine, providing a plug-and-play environment for large model fine-tuning and inference, empowering intelligent transformation across various industries with strong AI capabilities.