Fenwick & West agrees to $54M settlement over FTX work
Fenwick & West has agreed to a $54 million settlement related to its legal work for FTX, accused of aiding fraud. The settlement, pending judicial approval, addresses claims from FTX customers regarding the firm's role in creating structures that facilitated misappropriation of funds. Additional legal challenges remain, with a separate $525 million lawsuit still active against the firm and its partners.
- ▪Fenwick & West will pay $54 million to settle claims of aiding fraud through its legal work for FTX.
- ▪The settlement is subject to judicial approval and resolves accusations from FTX customers.
- ▪A separate $525 million lawsuit against Fenwick and several individual partners is still ongoing.
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Fenwick & West agrees to $54M settlement over FTX work The Silicon Valley law firm will pay tens of millions to resolve accusations it helped build the legal scaffolding behind FTX's fraud. Share Add us on Google by Editorial Team May. 23, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Fenwick & West, one of Silicon Valley’s most established law firms, has agreed to pay $54 million to settle claims that it aided and abetted fraud…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.