Lavern the Agentic ‘Law Firm’ Has Arrived

The pace of development and proliferation of artificial intelligence tools — generative, agentic, physical — can be hard to follow, but IT leaders must do their best to stay apprised of potential innovations and risks.

New data suggests AI-driven payment rails are evolving beyond experimentation as users are making more higher-value transfers.

World’s highest-grossing law firm plans to put the ‘collective intelligence’ of its lawyers into a tech platform

Fenwick & West LLP, the Silicon Valley law firm that served as lead outside counsel for collapsed crypto exchange FTX, agreed to pay $54 million to settle a federal class-action lawsuit filed by former FTX customers. Lawfirm Cuts $54M Deal With FTX Customers After Lead Counsel Allegations The proposed settlement was filed this week in […]

The law firm agreed to a settlement in February 2026 and is facing a separate $525 million lawsuit over its role in the collapse of the FTX crypto exchange.

In a noteworthy development, US law firm Fenwick & West has agreed to pay $54 million to settle claims arising from its legal services for the defunct crypto exchange FTX. The proposed settlement, filed in federal court in Miami on Friday, resolves allegations from FTX customers who accused the Silicon Valley-based firm of facilitating misconduct […]

FTX’s former law firm Fenwick and auditor Prager Metis agree to pay about $66M to settle customer fraud claims. FTX customers may move closer to another recovery path after the exchange’s former law firm and auditor agreed to pay about $66 million to settle fraud claims. Fenwick & West and Prager Metis deny wrongdoing, but […] The post FTX Fallout Deepens as Former Law Firm Agrees to $66M Settlement appeared first on Live Bitcoin News.

The post FTX Victims Sue Fenwick & West for $525M Over Alleged Role in Fraud appeared on BitcoinEthereumNews.com. James Ding May 14, 2026 11:34 Twenty FTX victims are suing law firm Fenwick & West for $525M, alleging its role in concealing fraud through shell companies and legal structures. Twenty victims of the FTX collapse have filed a $525 million lawsuit against the prominent Silicon Valley law firm Fenwick & West, alleging it played a critical role in concealing the crypto exchange’s massive fraud. The complaint, filed in the U.S. District Court for the District of Columbia, accuses Fenwick of helping structure shell entities, obscure fund movements, and provide legal guidance that enabled FTX’s misuse of customer assets. The plaintiffs argue that Fenwick’s involvement gave FTX a veneer of legitimacy, preventing investors from recognizing the warning signs before the exchange’s implosion in November 2022. They also highlight the firm’s alleged creation of North D