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 […]
Insider Brief Kawasaki Heavy Industries has launched a development hub in San Jose, Calif., “for the social deployment of physical AI” while expanding collaboration in AI and semicondictors between Japanese and U.S. technology firms. The facility will initially focus on healthcare and elder care applications before expanding into sectors including semiconductors, mobility and manufacturing, according […]
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 settlement underscores the financial risks law firms face when associated with fraudulent clients, impacting legal industry practices.
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The post Another Crypto Company Has Filed For IPO, But It’s Not Ripple appeared on BitcoinEthereumNews.com.
Another Crypto Company Has Filed For IPO, But It’s Not Ripple | Bitcoinist.com
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Crypto exchange Blockchain.com has confidentially filed for a U.S. IPO, becoming the latest crypto company to seek a public listing. Meanwhile, Ripple remains on the sidelines and has not indicated plans to go public anytime soon. Crypto Exchange Files For IPO As Ripple Remains On The Sidelines According to a Reuters report, Blockchain.com has confidentially […]
The settlement highlights the increasing legal risks for firms involved in crypto, potentially reshaping industry compliance standards.
The post Fenwick & West agrees to $54M settlement over FTX work appeared first on Crypto Briefing.
