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FTX Customers Say Law Firm Helped in Fraud Former customers of bankrupt crypto exchange FTX want to update their lawsuit against Fenwick & West, a law firm that worked for FTX. They claim new evidence shows the firm played a key role in the company’s downfall. The evidence comes from the criminal trial of FTX founder Sam Bankman-Fried and the ongoing bankruptcy investigations. Customers say Fenwick helped design and approve business structures that made the fraud possible, including creating and managing FTX-related companies like Alameda Research and North Dimension. These companies, they claim, had no safeguards to stop billions of dollars from being stolen. Prosecutors have called FTX’s fraud one of the largest in U.S. history. The customers’ lawsuit is part of a larger case against FTX, celebrities who promoted it, and other companies linked to it. Fenwick denies the accusations and wants the case dismissed. During Bankman-Fried’s trial, FTX insiders testified that they told Fenwick about the misuse of customer funds, fake loans, and lies to investors — and that Fenwick advised on how to hide these actions. A court-appointed examiner in the bankruptcy case reviewed over 200,000 documents and found Fenwick was “deeply involved” in nearly every part of FTX’s wrongdoing, even helping set up shell companies and encrypted messaging to cover it up. The updated complaint also adds new claims that Fenwick broke securities laws in Florida and California by helping design and promote FTX’s token (FTT) and other investment products that were not properly registered. Previously, the customers also sued another law firm, Sullivan & Cromwell, but later dropped that case due to lack of evidence.
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🚨 CRYPTO P2P SCAM ALERT: I Lost $300 – Don’t Make My Mistake! 🚨 😞 My Story: I thought I was being careful… but a fake payment slip fooled me into releasing $250 USDT on P2P. The buyer disappeared, and my money was gone. 💔 What I Learned: ✅ NEVER release your crypto until the money is in your bank account. (SMS or email notifications can be fake!) ✅ Always double-check: Bank name (scammers use fake transfers) Transaction time (real payments show right away) Your actual bank balance (don’t trust screenshots!) 🚫 If someone rushes you — it’s probably a scam! 🔒 How to Stay Safe: 1️⃣ Use trusted platforms like Binance P2P (escrow protects you) 2️⃣ Check ratings of buyers/sellers (avoid new or low-rated accounts) 3️⃣ Screen record your trades (proof can help) 4️⃣ Turn on 2FA (extra security) 📢 Share this to help others! Scammers are getting smarter — awareness protects you. #P2PSCAM #CryptoSafety #StaySafe #CryptoTips #Write2Earn 💬 Got tips to stay safe? Drop them in the comments! ⬇️ Tag a friend who trades P2P — they NEED to see this! (Stay sharp, friends. Crypto is risky, but scams can be stopped!)
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#BinanceHODLerSOPH 🇵🇰 Pakistan Is Now Saving Bitcoin! In a big surprise, Pakistan has decided to start holding Bitcoin as part of its official reserves. This means the government will keep some of its money in Bitcoin — just like the U.S. recently announced. 📢 What Happened? On May 28, Bilal Bin Saqib, head of Pakistan’s crypto council, made the big announcement at a major Bitcoin event in Las Vegas. He said: “Today is a historic day. Pakistan is creating its own government-led Bitcoin Strategic Reserve. We were inspired by the United States.” This is a huge change because before, Pakistan was against crypto and said it would never be allowed. Now, they are going all in! 🇵🇰 What’s Pakistan Doing in Crypto Now? National Crypto Council was launched in early 2025 to build crypto rules and attract foreign money. They plan to use extra electricity to mine Bitcoin and run big computer centers. Binance’s ex-CEO Changpeng Zhao is now an adviser to help with crypto laws and growth. The government even started a new agency to regulate all digital assets and give licenses to crypto companies. 💼 Big Companies Are Buying Bitcoin Too! GameStop, the video game store, also bought 4,710 Bitcoins (worth over $500 million) and said it’s part of a new money-saving plan. But after the news, GameStop’s stock dropped — some investors sold their shares right away. President Trump’s media company, TMTG, is also planning to buy Bitcoin with a $2.5 billion investment. 💬 Why Are They Doing This? GameStop’s CEO Ryan Cohen said Bitcoin is better than gold: It's easier to move. It’s safer and easy to store. You can prove it’s real with blockchain. It might grow more in value because it’s still new. Bitcoin is becoming a big deal for both countries and companies. Pakistan’s move shows that even governments that once said “no” to crypto are now changing their minds. $BTC
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Don’t Just Hold Your Crypto — Make It Work for You! Earn Easy Passive Income with LAYER Locked Products Let’s face it — holding crypto is cool, but earning money from it while doing nothing? Even cooler. That’s what LAYER Locked Products are all about. Just lock your $LAYER tokens and earn up to 12.9% APR — no charts, no stress. Just easy, passive income. Why Let Your LAYER Sit Around? If you’re holding LAYER for the long run, why not earn from it too? LAYER has strong tech and a big future. Instead of letting it just sit, put it to work and get rewarded every day. Here’s how to start: Open your Binance app or go to the website Tap on the [Earn] section Search for LAYER Pick a lock-up time: 30, 60, or 90 days (longer = better returns) Hit Subscribe and start earning It’s that easy. What’s LAYER, Anyway? LAYER isn’t just another token — it powers everything @Solayer is building: Super-fast blockchain (up to 1 million transactions per second) Stablecoin (sUSD) backed by U.S. Treasuries Emerald Card: Spend USDC, earn yield, and use it with Visa, Apple Pay, or Google Pay High-yield staking with sSOL One connected system for DeFi, payments, and more LAYER runs it all — gas fees, rewards, decisions. When you lock LAYER, you’re helping build the future of Web3 and earning along the way. Start today. Let your crypto hustle while you relax. $BTC $LAYER
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#TrumpTariffs When Will Trump’s Tariffs Affect the Economy? Right now, the U.S. economy hasn’t felt the full impact of President Trump’s new tariffs, but experts say that could change soon. What’s Going On? Economists believe prices will start going up this summer because of the tariffs. Job losses might follow later in the year as the economy slows down. Other areas like consumer spending and economic growth (GDP) may also get hit. What’s Happened So Far? So far, things still look okay: The unemployment rate stayed low at 4.2% in April. Inflation (how fast prices rise) has been milder than expected. But economists warn that this won’t last. What’s Next? A research group, Pantheon Macroeconomics, says nearly half of the price impact will be felt by July, and most of it by October. They expect the unemployment rate to climb to 4.75% by year’s end. Another group, The Conference Board, thinks prices will rise faster and jobs will decline throughout the year. Even a recent agreement with China might not be enough to avoid trouble. In short: if these forecasts are right, Americans could soon be paying more for goods—and some may even lose their jobs. $BTC $TRUMP
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