$FTT FTX FALLOUT DEEPENS ⚖️

Fenwick & West has agreed to pay $54 million to settle allegations tied to its advisory role around FTX and Sam Bankman-Fried. Auditor Prager Metis and former Miami Heat player Udonis Haslem will also pay $11.75 million and $420,000 respectively, reinforcing the legal overhang still surrounding the FTX collapse.

For traders, this is not a direct liquidity catalyst, but it keeps counterparty risk, due diligence, and exchange governance in focus. Legacy contagion narratives may remain relevant when assessing sentiment around distressed crypto assets.

Not financial advice. Manage your risk.

#CryptoNews #FTX #BinanceSquar #MarketUpdate

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