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Ripple Moves 250 Million XRP to Unknown Wallet; 49,999,989 XRP Transfer Appears Linked to FTX Subwallet

Ripple 250 million XRP transfer moved 250,000,000 XRP (~$703.9M) to an anonymous Ripple50-affiliated wallet, flagged by Whale Alert and XRPscan; this likely...

Outgoing CFTC Commissioner Warns Prediction Markets Could Pose Risks to Retail Investors as Bitcoin Concerns Grow

Prediction markets pose mounting risks to retail investors, CFTC Commissioner Kristin N. Johnson warned, citing weak oversight, license "flipping" loopholes and insufficient...

Anthropic’s $183 Billion Valuation and Claude Deployments May Aid Bitcoin Firms’ Compliance and Support

Anthropic’s latest Series F pushed its market value to approximately $183 billion, reflecting rapid enterprise adoption of its Claude AI and a...

Fenwick Seeks Dismissal of New FTT Securities and Fund-Misuse Allegations in FTX Case

Fenwick & West asked a Florida federal judge to dismiss new claims in the Fenwick FTX lawsuit, calling allegations of enabling customer...

Fenwick & West Denies Role in FTX; Lawsuit Could Spur Tighter Crypto Legal Oversight

Fenwick & West denies wrongdoing in the Fenwick & West FTX lawsuit, saying it provided routine legal advice and complied with professional...

Fenwick Moves to Dismiss Lawsuit Alleging It Enabled FTX Fraud, Denies FTT Securities Promotion Claims

Fenwick & West moved to dismiss an amended class-action claim tied to the FTX collapse, arguing the proposed update relies on stale,...

FTX Creditors File Suit Alleging Kroll Mishandled Claims Data in 2023 Breach, Prompting Security Concerns

The Kroll data breach refers to a 2023 incident that exposed claims data for FTX, BlockFi and Genesis creditors; FTX creditors have...

Preliminary Approval Could Pave Way for $13M BlockFi Settlement Amid Fallout From Terra Collapse

The BlockFi settlement is a preliminarily approved, insurer-funded $13+ million escrow intended to compensate about 89,000 former interest-account holders, with insurers ordered...

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