#james ding

The post FTX Victims Sue Fenwick & West for $525M Over Alleged Role in Fraud appeared on BitcoinEthereumNews.com. James Ding May 14, 2026 11:34 Twenty FTX victims are suing law firm Fenwick & West for $525M, alleging its role in concealing fraud through shell companies and legal structures. Twenty victims of the FTX collapse have filed a $525 million lawsuit against the prominent Silicon Valley law firm Fenwick & West, alleging it played a critical role in concealing the crypto exchange’s massive fraud. The complaint, filed in the U.S. District Court for the District of Columbia, accuses Fenwick of helping structure shell entities, obscure fund movements, and provide legal guidance that enabled FTX’s misuse of customer assets. The plaintiffs argue that Fenwick’s involvement gave FTX a veneer of legitimacy, preventing investors from recognizing the warning signs before the exchange’s implosion in November 2022. They also highlight the firm’s alleged creation of North D

The post AAVE Price Prediction: $85 Capitulation Target as DeFi Selloff Accelerates appeared on BitcoinEthereumNews.com. James Ding May 14, 2026 10:01 AAVE’s failure to hold $96 support signals deeper correction toward $85-88 range. Technical breakdown imminent as neutral momentum masks underlying distribution pattern. Distribution Phase Confirmed AAVE’s grinding decline to $96.45 represents classic distribution as smart money exits DeFi positions ahead of broader market weakness. The token’s 3.38% daily drop masks a more serious technical deterioration that becomes clear when examining the confluence of momentum signals and volume patterns. Price action around the 12-period EMA at $96.45 creates a false sense of stability, but the underlying structure points to continuation lower. The RSI neutral reading at 49.93 combined with stalled MACD momentum indicates neither buying pressure nor capitulation – a dangerous middle ground that typically resolves with violent move