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Jinse Finance reported that a federal judge has ruled that the antitrust lawsuit filed by Elon Musk's X and xAI against Apple and OpenAI will continue to be heard in Fort Worth, Texas. Judge Mark Pittman noted that the companies involved have little connection to the region and sarcastically remarked that if they wish to have the case tried in Fort Worth, the relevant companies could move their headquarters there. X and xAI filed the lawsuit in August, accusing Apple and OpenAI of attempting to maintain a monopoly in the artificial intelligence market. X is based in Bastrop, Texas, while Apple and OpenAI are headquartered in California. Pittman emphasized that neither Apple nor OpenAI requested to transfer the case before the court's deadline, and the only local ties are an Apple retail store and OpenAI's nationwide services. Despite concerns about forum selection, existing legal standards limit the judge's ability to transfer the case. The lawsuit was filed on August 25, 2025, with the trial scheduled for October 19, 2026, allowing more than a year for evidence exchange and pretrial motions. Apple and OpenAI filed a motion to dismiss the lawsuit on September 30, 2025, claiming the complaint failed to state a claim. In addition, the lawsuit has sparked discussions about auditing Apple App Store searches, which has significant implications for AI app developers.

ChainCatcher news, Wintermute founder Evgeny Gaevoy stated in The Block's podcast that, "I believe the crash was the result of multiple factors combined. On one hand, there is indeed more leverage in the system; on the other hand, the market now has more types of tokens, more perpetual contract products, and more large platforms trading these perpetual contracts. Looking back three or four years ago, we simply didn't have so many perpetual contract products with huge open interest and enormous crash risks. In terms of market maturity, although the overall system is indeed more complete and sophisticated than before, this development has also brought about many problems. It is still unclear who exactly was 'liquidated' and who suffered the most losses, but I suspect that many institutions with heavy losses were actually running long-short hedging strategies. For example, they might have shorted bitcoin and gone long on some altcoins, thinking this would hedge their risks, but in the end, they were 'slapped in the face' by the ADL mechanism."