@Gate_io scammed their users.
While the LA token was trading at $0.50–$0.60 on CEXs and DEXs, its price on Gate futures spiked to over $27. This anomaly liquidated many users, who lost their funds — and Gate refused to compensate them. Meanwhile, those who profited from the inefficiency freely withdrew. I personally lost $70,000 in this situation, and my account was hit with an additional -$100,000 overdraft. Gate reversed the artificially generated -$100,000, but chose not to refund the real $70,000 I lost.
https://t.co/XDa6uBl5d9 - You can check price on dex by this link and also check price on other CEX`s.
Share this tweet to help bring justice to the victims.
@zachxbt@cz_binance@benbybit@Han_Gate@laura_gateio @_pacelee @kevinlee_gate @SandraLouWeb3
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@Polymarket , how your UMA can conclude this as a 'yes' and close the market in the absolutely wrong way, we are talking about evidence, not conjecture.
Someone else thought
🚨 Polymarket Bet is WRONG – 99% chance Trump launches a coin? 🤣 Think again. 🚨
This market is currently priced at 99c for "YES," but the facts show it should resolve to NO—and here’s all the proof to back it up. 🧵
1️⃣ Trump Isn’t Involved in the Token’s Creation
The official filings and the whitepaper make it crystal clear:
Regulation S filing: “None of Donald J. Trump, his family, or Trump Organization employees are involved in managing or deploying this token.”
Trump is merely a promotional figure titled the "Chief Crypto Advocate," but his role is limited to marketing, NOT the creation or launch of the token.
2️⃣ It’s Not a Coin Launch—It’s a Locked Token Sale
The Polymarket bet asks if Trump will “launch a coin,” but what’s actually happened is a token sale. And here’s the kicker:
The tokens are locked for 12 months and non-tradable.
Per Polymarket's own rules (similar to airdrop bets), locked or non-swappable tokens DO NOT count as a "Yes." For the bet to resolve to Yes, the tokens must be swappable/tradable—and that’s not the case here!
3️⃣ Misleading Market Terminology
The bet conflates the term “coin” with “token,” which is a fundamental mistake. An ERC-20 token (what’s been deployed) is NOT a coin like Bitcoin—it’s just a token on a blockchain.
This is a clear misrepresentation of the question being asked. Trump’s promotional involvement doesn’t make this a real "coin" launch.
4️⃣ Blockchain Proof Shows No Trump Connection
The actual blockchain deployment of the token is public, and there’s no sign of direct Trump involvement:
Blockchain Transaction Proof clearly shows that Trump had nothing to do with the technical deployment. His role remains purely promotional.
The Big Takeaway:
This market is mispriced at 1c for "NO". If Polymarket follows its own rules, it should resolve to NO because the tokens are locked, non-swappable, and Trump isn’t the creator or deployer. For those buying NO, this is an 100x opportunity 🚀.
Don't be fooled by the hype—know the facts and act accordingly.
Sources:
https://t.co/QC9GuAjUG7
https://t.co/2vzeCaTMFn
https://t.co/RgUImPPfyF