US judge rejects CFTC and Gemini's request to revoke $5 million settlement agreement

Strive, with an asset management scale of $3 billion, announced that it will purchase more Bitcoin and aim to hold 50000 BTC. （The Bitcoin Historian）

Analyst firm Sentora pointed out that in the past year, 89% of the $1.63 billion settlement on the Ethereum lending platform was completed through atomic pathways. Due to liquidity restrictions and whitelist requirements, RWA collateral will drive liquidation towards off chain market makers, RFQs, and solvers.

Ghanaian and Nigerian law enforcement agencies, led by the UK's National Crime Investigation Agency, arrested 28 people, with Binance, Coinbase, Chainalysis, Elliptic, and TRM Labs involved in the operation. The private sector has identified over $11 million in frozen funds. Coinbase assisted in tracking illegal funds and identifying 65 victims, helping to avoid losses exceeding $415000. Ghana police arrested 19 people and seized 303 electronic devices, Nigeria arrested 9 people, and participants provided more than 30 suspected fraud center clues. (Source: US Department of Justice)

US District Judge Alvin Herstein dismissed the joint request by CFTC and Gemini to revoke the $5 million settlement agreement. This agreement involves the proposed Bitcoin futures contract. In 2022, the CFTC accused Gemini of making false or misleading statements during regulatory review, and Gemini agreed to a settlement of $5 million in January 2025. The CFTC's subsequent internal review raised doubts about the original complaint and evidence, but the judge ruled that changes in regulatory enforcement priorities and reassessment of evidence were insufficient to restart the judgment, and the original settlement agreement and permanent injunction remained unchanged. (Source: Bitcoin News)

[Cysic Cross-Chain Bridge Attacked, 10 Million CYS Minted on BNB Smart Chain] On October 17, the Cysic Foundation's cross-chain bridge was attacked, with the attacker unauthorizedly minting 10 million CYS on the BNB Smart Chain. The project team has suspended the cross-chain bridge, blacklisted the relevant addresses, and hired a security firm to investigate. The attacker accessed the database and exploited a logic vulnerability to forge minting messages. The Cysic mainnet and user assets remain unaffected. Currently, approximately 2.8 million CYS have been restricted from transfer, and the actual losses are still under assessment.