A court-appointed bankruptcy examiner found that Fenwick & West was “deeply intertwined in nearly every aspect of FTX Group’s wrongdoing” — and now that finding sits at the heart of a $525 million federal lawsuit filed against the Silicon Valley law firm. Related Reading: Crypto Superapp Legend Announces Shutdown As Industry Shakeout Continues Shell Companies […]
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
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FTX victims filed a $525 million lawsuit against Fenwick & West, accusing the law firm of helping conceal the crypto exchange fraud. A group of 20 victims linked to the collapse of FTX has filed a $525 million lawsuit against Fenwick & West LLP. The plaintiffs allege that the law firm aided in concealing the […]
The post FTX Victims Launch $525 Million Lawsuit Against Top Silicon Valley Law Firm appeared first on Live Bitcoin News.
Twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running.
One of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried.
