FTX legal adviser Fenwick settles customer lawsuit for $54m

Binance, the world’s largest cryptocurrency exchange by trading volume, announced on May 26 a formal partnership with BlockShoals Technologies — a Philippine-based fintech infrastructure firm — that positions the exchange to re-enter one of Southeast Asia’s most active crypto markets through the Philippine Securities and Exchange Commission’s StratBox regulatory sandbox, more than two years after […]

Binance spent 24 months working with the Philippine SEC to align with local crypto regulations. BlockShoals Technologies is Binance’s SEC-registered Philippine service provider and Crypto Asset Intermediary. Filipinos can now access Binance through a locally registered, SEC-regulated entity for the first time. Binance, a global cryptocurrency exchange, has announced its official entry into the Philippines […] The post Binance Expands in Philippines With New BlockScholes Partnership appeared first on Live Bitcoin News.

Crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below its all-time high despite holding over $6.5 billion in total value locked. Kraken Deposit Signals Institutional Interest in Ethereum Restaking Kraken, one of the largest U.S.-based cryptocurrency exchanges, […]

Singapore police charge ex-Hodlnaut CEO Zhu Juntao with six counts of fraud by false representation over allegedly misleading statements on the company’s exposure to the Terra/UST crash.

Fenwick & West LLP, the Silicon Valley law firm that served as lead outside counsel for collapsed crypto exchange FTX, agreed to pay $54 million to settle a federal class-action lawsuit filed by former FTX customers. Lawfirm Cuts $54M Deal With FTX Customers After Lead Counsel Allegations The proposed settlement was filed this week in […]

The law firm agreed to a settlement in February 2026 and is facing a separate $525 million lawsuit over its role in the collapse of the FTX crypto exchange.

In a noteworthy development, US law firm Fenwick & West has agreed to pay $54 million to settle claims arising from its legal services for the defunct crypto exchange FTX. The proposed settlement, filed in federal court in Miami on Friday, resolves allegations from FTX customers who accused the Silicon Valley-based firm of facilitating misconduct […]

FTX’s former law firm Fenwick and auditor Prager Metis agree to pay about $66M to settle customer fraud claims. FTX customers may move closer to another recovery path after the exchange’s former law firm and auditor agreed to pay about $66 million to settle fraud claims. Fenwick & West and Prager Metis deny wrongdoing, but […] The post FTX Fallout Deepens as Former Law Firm Agrees to $66M Settlement appeared first on Live Bitcoin News.