Futures
Access hundreds of perpetual contracts
CFD
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 40+ AI models, with 0% extra fees
Whale Sues Coinbase for Refusing to Return $55 Million in Stolen Funds
On May 6, an anonymous crypto whale filed a lawsuit against Coinbase in federal court in San Francisco, accusing the trading platform of refusing to return funds stolen in 2024. The victim, from Puerto Rico, reportedly lost over $55 million in DAI stablecoins during a phishing attack in August 2024. At that time, hackers gained control of the wallet through a fake DeFi Saver login page, quickly transferring the funds and laundering them through mixing services. The victim subsequently hired several on-chain investigation firms to track the funds, ultimately discovering that some of the stolen assets had flowed into a Coinbase account. Although the trading platform froze the relevant funds in December 2024, it has refused to return them a year and a half later, claiming that only a court order could release them. The lawsuit emphasizes that while Coinbase’s initial freezing of the funds was reasonable, its refusal to return them after the victim provided sworn proof of ownership is unreasonable. Coinbase has not publicly responded to this matter.