Lawsuit Targets Fenwick & West Over Alleged FTX Fraud Assistance

A new lawsuit has emerged in the ongoing fallout from the FTX collapse, with investors targeting Silicon Valley law firm Fenwick & West for alleged assistance in the misuse of customer funds. The plaintiffs claim the firm played a key role in helping FTX founder Sam Bankman-Fried (SBF) construct structures that enabled the diversion of billions of dollars from exchange customers. This marks a significant development in the legal proceedings surrounding one of the largest crypto scandals in history.