📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Strategy to face class action lawsuit for concealing Bitcoin risks
Pomerantz LLP law firm announced that a class action lawsuit has been filed in the Eastern District Court of Virginia, alleging that Strategy (NASDAQ: MSTR) and several leaders violated federal securities laws. The lawsuit represents investors who purchased shares from April 30, 2024, to April 4, 2025.
The plaintiff accuses Strategy of providing misleading information about Bitcoin investment strategies and failing to fully disclose the risks associated with the new accounting standard ASU 2023-08. Specifically, the company is accused of inflating the potential profits from Bitcoin and concealing the risk of significant losses after implementing the regulation for measuring digital assets at fair value.
On April 7, 2025, Strategy announced an unrealized loss of up to 5.91 billion USD from digital assets, causing the stock price to drop by 8.67%. By May 1, 2025, the company confirmed this loss in its Q1 2025 financial report, citing that Bitcoin had significantly decreased after switching to a new accounting method.
The deadline to register as the main plaintiff is July 15, 2025.