Fenwick & West agrees to pay $54M to settle FTX fraud claims
Fenwick & West has agreed to pay $54 million to settle class-action claims related to the FTX fraud. The law firm denies any wrongdoing, asserting that it provided standard legal advice. However, this settlement does not resolve a larger lawsuit seeking $525 million in damages against the firm in Washington, D.C.
- ▪Fenwick & West's settlement addresses allegations of aiding FTX's fraud by structuring corporate frameworks.
- ▪The settlement is pending judicial approval and only covers the Miami class action.
- ▪A separate lawsuit in Washington, D.C. seeks $525 million in damages from Fenwick and its partners.
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Fenwick & West agrees to pay $54M to settle FTX fraud claims The Silicon Valley law firm denies wrongdoing but will pay tens of millions to resolve class-action allegations that it helped enable FTX's collapse. 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 prominent law firms, has agreed to pay $54 million to settle class-action claims…
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