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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 […]
Read full articleFenwick & 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.
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.
The settlement underscores the financial risks law firms face when associated with fraudulent clients, impacting legal industry practices. The post Fenwick & West agrees to pay $54M to settle FTX fraud claims appeared first on Crypto Briefing.
The post Another Crypto Company Has Filed For IPO, But It’s Not Ripple appeared on BitcoinEthereumNews.com. Another Crypto Company Has Filed For IPO, But It’s Not Ripple | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/another-ipo-but-not-from-ripple/
Crypto exchange Blockchain.com has confidentially filed for a U.S. IPO, becoming the latest crypto company to seek a public listing. Meanwhile, Ripple remains on the sidelines and has not indicated plans to go public anytime soon. Crypto Exchange Files For IPO As Ripple Remains On The Sidelines According to a Reuters report, Blockchain.com has confidentially […]
The settlement highlights the increasing legal risks for firms involved in crypto, potentially reshaping industry compliance standards. The post Fenwick & West agrees to $54M settlement over FTX work appeared first on Crypto Briefing.
A billion-dollar US bank is preparing to shell out $1 million to settle a class-action lawsuit over certain fees charged to customers. Equity Bank has agreed to settle the lawsuit that alleges the financial institution improperly charged certain overdraft and non-sufficient funds fees to account holders between January 1st, 2017, and November 21st, 2025. The […] The post Equity Bank Shelling Out $1,000,000 to Customers To Settle Accusations of Improperly Charging Overdraft and Non-Sufficient Funds Fees appeared first on The Daily Hodl.
