December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
Voyager's former leader fined $750,000: encryption lending risks sound the alarm again.
The Commodity Futures Trading Commission ( CFTC ) recently announced an important penalty decision - Voyager Digital founder and former CEO Stephen Ehrlich must compensate affected clients $750,000. This case once again exposes the risks of encryption lending platforms.
What happened?
According to the agreement of the New York Federal Court, Ehrlich is banned from engaging in commodity trading for three years and faces other restrictions. Although he neither admitted nor denied the allegations, this compensation reflects the Commodity Futures Trading Commission's commitment to protecting victims.
Core Issues
The CFTC filed a lawsuit against Voyager and its executives in October 2023, accusing them of operating a fraudulent digital asset platform:
What does it mean?
CFTC Deputy Director Charles Marvine emphasized that this case reflects the importance of regulatory agencies in the digital asset space—compensating victims and preventing future harm is at its core mission. This also serves as a warning to the entire encryption lending ecosystem: significant risks may be hidden behind high yield promises.
Ehrlich has previously reached a settlement with the Federal Trade Commission regarding the related allegations of false statements.