Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
American gangster boss John Gotti's grandson sentenced for cryptocurrency-related fraud
On April 22, the U.S. Department of Justice disclosed that Carmine Agnello, the grandson of mob boss John Gotti, was sentenced to 15 months in prison for defrauding approximately $1.1 million in COVID relief funds and investing part of the funds in cryptocurrency businesses.
Prosecutors said that between April 2020 and November 2021, Agnello obtained multiple relief loans from the U.S. Small Business Administration (SBA) through false declarations, claiming the money would be used to operate his auto parts and recycling business, but in reality he diverted the funds for personal use, with about $420,000 invested in crypto-related investments. The U.S. Attorney’s Office for the Eastern District of New York said the conduct occurred during the height of the pandemic and constituted a serious misuse of government assistance funds. Agnello is expected to enter prison on July 1 to serve his sentence.
In addition, official data shows that COVID relief funds fraud is a serious problem in the U.S.; the U.S. Government Accountability Office (GAO) estimates that about $135 billion (about 15% of the total) of the funds flowed into scam activities.