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Former FTX law firm Fenwick West seeks dismissal of class action lawsuit filed by FTX clients
2023-09-22 06:23
Odaily News FTX’s former law firm Fenwick West has denied accusations of assisting FTX in its alleged fraud. The law firm has filed a motion to dismiss the lawsuit, claiming that the services it provided to FTX were standard legal services and that it had no knowledge of any fraudulent activity. It is reported that this is the first time the law firm has publicly defended charges related to FTX and its co-founder SBF. (Cryptonews) According to previous news in August, Fenwick West was subject to a class action lawsuit, accusing it of helping FTX complete a multi-billion dollar fraud. The lawsuit, filed on Aug. 7 by a group of FTX clients, alleges that Fenwick West provided services to FTX that went far beyond what a law firm should and typically provide, such as organizing FTX US in a manner that circumvented regulatory scrutiny. The acquisition provides staff to execute the law firms strategy. The “shadow entities” referred to in the lawsuit are North Dimension and North Wireless Dimension, accusing them of misappropriating funds from FTX customers.
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2025-06-06 03:23:37
Hyperliquid’s 50x leveraged BTC short position turned from loss to profit, with a floating profit of over $600,000
Odaily News According to hypurrscan data, as the price of BTC fell this morning, Hyperliquid's 50x leverage whale turned its previous BTC short position into a profit, with a current floating profit of over $600,000. Its current position is 394 BTC short positions, with a total value of over $40 million, an average opening price of $103,772, and a liquidation price of $104,230.
2025-06-06 02:59:35
James Wynn wrote a long article about himself: He started playing with contracts in March, earned 8-digit profits from Meme coins, and lost 100 million in a week
Odaily News James Wynn posted on the X platform that he had just started to participate in perpetual contract trading in March this year. He had never traded seriously before, and at most he speculated on MEME coins (previously he was famous for discovering PEPE at a market value of 600,000 and making 8-digit profits). He once rolled over 3 million US dollars to 100 million in just one month, and then lost it all in one week on HyperLiquid. At that time, he was just playing around, but the on-chain data was public, and hundreds of thousands of people watched his account soar and plummet, so he just let himself go. Later, things gradually got out of control. He understood that this was essentially gambling. He wanted to recover his losses, but he was also afraid of being laughed at for "making 100 million and not being able to keep it", so he got deeper and deeper. The numbers jumping on the screen became a virtual game, and greed completely prevailed.
2025-06-06 02:55:00
BTC rebounded and broke through 102,000 USDT, and the 24-hour decline narrowed to 2.87%
Odaily News OKX market shows that BTC rebounded and broke through 102,000 USDT, and is now at 102,016.4 USDT, with the 24-hour decline narrowed to 2.87%. (This newsletter is generated by AI)
2025-06-06 02:52:44
SlowMist: Lazarus hackers are using a new stealing Trojan, OtterCookie, to target cryptographic practitioners
Odaily News The SlowMist security team has issued a warning that the North Korean Lazarus hacker group is using a new stealing Trojan called OtterCookie to launch targeted attacks against cryptocurrency and financial practitioners. Attack methods include faking high-paying job interviews/investor negotiations, using deepfake videos to impersonate recruiters, and disguising malware as "programming test questions" or "system update packages." Theft targets include login credentials saved by browsers, passwords and digital certificates in macOS keychains, and encrypted wallet information and private keys. SlowMist recommends being vigilant about unsolicited job/investment invitations, requiring multiple verifications for remote interviews, and never running executable files of unknown origin, especially so-called "technical test questions" or "update patches." Strengthen terminal protection (EDR), deploy antivirus software, and regularly check for abnormal processes.
2025-06-06 02:39:54
Abraxas Capital shorts mainstream currencies for hedging, with current floating profits exceeding $55 million
Odaily News According to OnchainLens monitoring, Abraxas Capital shorted BTC, ETH, SOL, HYPE and SUI through two wallets on the HyperLiquid platform, with current floating profits exceeding US$55 million during the market decline.
2025-06-06 02:31:24
TRUMP wallet official website linked to account X for the second time
Odaily News After the X account @TrumpWalletApp associated with the official website of TRUMP Wallet was frozen for the second time, it has now been unfrozen again. It is reported that the X account of TRUMP Wallet was frozen by the X platform on June 4, and was unfrozen and frozen again the next day. According to previous news, the official website of TRUMP Wallet showed that the wallet was jointly developed by Magic Eden and TRUMP Meme, but Donald Trump Jr., the eldest son of Trump, said that the Trump Group had no connection with this wallet product.
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周榜
Hyperliquid’s 50x leveraged BTC short position turned from loss to profit, with a floating profit of over $600,000
James Wynn wrote a long article about himself: He started playing with contracts in March, earned 8-digit profits from Meme coins, and lost 100 million in a week
BTC rebounded and broke through 102,000 USDT, and the 24-hour decline narrowed to 2.87%
SlowMist: Lazarus hackers are using a new stealing Trojan, OtterCookie, to target cryptographic practitioners
Abraxas Capital shorts mainstream currencies for hedging, with current floating profits exceeding $55 million
TRUMP wallet official website linked to account X for the second time