FTX law firm Fenwick & West to pay $54M to victims in settlement

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. Source: Cointelegraph

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. Source: Cointelegraph

ETH’s bearish chart setup points to a 25% drop toward $1,600, risking over $10 billion in paper losses for BitMine in the coming weeks. Source: Cointelegraph

A New York Times investigation found that senior CFTC officials who raised concerns about Polymarket, Crypto.com and Gemini were suspended and pushed out. Source: Cointelegraph

William Mougayar says critics are measuring the Ethereum Foundation by the wrong standard, claiming it was never meant to pump ETH or court institutions. Source: Cointelegraph

Rising short-term bond yields and Warsh’s hawkish comments in the past are reviving fears of a December rate hike, which could slam the brakes on Bitcoin’s recovery. Source: Cointelegraph

The suspected cause is a private key compromise of one owner in the minting multisig account, said Blockaid. Source: Cointelegraph

President Donald Trump promised “Final aspects and details of the deal are currently being discussed” in a post on Truth Social. Source: Cointelegraph

Centralized data collection is a honeypot for hackers and organized criminals looking to target crypto holders and their families, according to Bitcoiners. Source: Cointelegraph

The price of Bitcoin is about $75,800 at the time of publication, a nearly 40% decrease from the all-time high of about $126,000 reached in October 2025. Source: Cointelegraph

The current Federal Funds target rate is between 350 and 375 basis points, which traders project to rise by at least 25 basis points in December 2026. Source: Cointelegraph