Twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running.

BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.

Paybis has secured both a MiCA crypto licence and a PSD2 payment institution licence from Latvia’s central bank, becoming the first company in the country to hold both simultaneously.

EToro posted its strongest quarter as a public company, with net income up 37% to $82 million, but crypto trade volumes fell 32% in April.

Exodus Movement reported a $32.1 million net loss in Q1, with revenue down 36.8% to $22.7 million amid a drop in monthly active users.

Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.

CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.

Hyperliquid, EdgeX and Pump.fun returned a combined $96 million to token holders in 30 days, as the crypto community shifts its focus from transaction volumes to real earnings.

South Korean crypto holdings fell to $41 billion from $83 billion in just over a year as investors shifted to stocks.

Trump Media’s $405.9 million net loss was driven mostly by unrealized losses on Bitcoin bought at last summer’s peak and Cronos tokens acquired through a Crypto.com deal.