FTX Customers Seek to Amend Lawsuit Against Fenwick & West, Allege Assistance in Fraud

FTX customers have filed a motion to amend their class action lawsuit against law firm Fenwick & West LLP, alleging the firm played a role in FTX’s fraudulent activities. The amended lawsuit cites materials from Sam Bankman-Fried’s criminal trial and FTX bankruptcy documents, aiming to expand allegations against Fenwick & West’s involvement in the collapsed exchange. There are currently no reported market impacts from this legal development.