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FTX MDL service motion sets Oct. 7 response deadline
A motion in the FTX multidistrict litigation seeks more time to serve process, with responses due October 7; Fenwick's $54M settlement awaits approval.
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Binance faces U.S. probe over alleged Iran sanctions bypass
Federal prosecutors are investigating whether Binance knowingly allowed users to bypass U.S. sanctions on Iran, with allegations of over $1 billion in Iran-linked trades.
Markets
Coinbase restricts WMTX-USD pair amid wider service disruptions
Coinbase restricted WMTX-USD trading and experienced SOL transaction delays amid wider service disruptions, while Kraken paused WMTX funding and trading.
News
SEC opens Section 12(j) cases against seven companies
The SEC has initiated Section 12(j) administrative proceedings against seven companies for delinquent periodic filings, including Reelcause, Santa Fe Gold Corp., and Zerify, Inc.
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Animoca suspends Currenc merger over “corporate agility”
Animoca Brands and Currenc Group suspended their proposed reverse merger, which would have taken Animoca public, citing "corporate agility" and evolving market conditions.
DeFi
Trueo moves from Base to Ethereum with Buterin endorsement
Trueo is moving its primary deployment from Base to Ethereum mainnet, with co-founder Vitalik Buterin endorsing the move as ethical and decentralized.
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