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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Fenwick & West, the former law firm of FTX, has filed a motion to dismiss the allegations of assisting FTX in committing fraud.
BlockBeats news, on August 29, according to Cointelegraph, FTX's former law firm Fenwick & West LLP has filed to dismiss a lawsuit that accuses the firm of playing a key role in the collapse of billions of dollars in the encryption trading platform. The firm stated that after two years of litigation, the plaintiffs have still failed to prove that Fenwick & West knew its clients were committing fraud. This lawsuit, filed in 2023, lists numerous defendants, with investors claiming they were aware of FTX's fraudulent activities. Fenwick & West insists that it should be excluded from this dispute. The firm did not immediately respond to a request for comment.