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
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Oh my god, I just saw an astonishing case. Thai police arrested a Chinese suspect involved in the fintoch scam in Bangkok—Liang Aibing. This Ponzi scheme defrauded nearly $31 million USDT, with almost 100 victims.
What’s even more outrageous is that they set up a fake DeFi platform and falsely claimed it was related to Morgan Stanley. Between the end of 2022 and mid-2023, they kept scamming people. When police searched his residence, they also found illegal firearms. This fintoch scam case truly is a web of dark secrets.
It is said that the four suspects involved all fled China at the time, and one of them was even briefly detained by Chinese police before being released on bail. Now, Thai and Chinese authorities are coordinating Liang’s extradition, and it looks like there will be developments in this fintoch scam case. Cross-border scams like this are becoming increasingly rampant—everyone should be careful when investing.