Prominent U.S. law firm Fenwick & West, which advised FTX before its 2022 blockbuster collapse and bankruptcy, on Friday said it will pay $54 million to resolve claims from FTX customers who alleged the firm helped enable one of the largest financial frauds in U.S. history. • Silicon Valley-founded Fenwick, known for its work for technology clients, was a lead outside law firm for FTX as the exchange rose to prominence as one of the largest crypto platforms in the world. Fenwick “helped to craft and implement strategies that facilitated FTX’s fraud,” plaintiffs alleged.Read More
Law firm Fenwick agrees to pay $54 million in settlement over FTX work
