FTX’s legal counsel Fenwick & West reaches $54 million settlement, still faces $525 million in claims
Source：
x.com
According to SolanaFloor (@SolanaFloor), law firm Fenwick & West has reached a $54 million preliminary settlement agreement in a class-action lawsuit filed by former FTX customers, who alleged the firm aided Sam Bankman-Fried in carrying out billions of dollars in fraud. Fenwick & West denies any wrongdoing in the settlement agreement. However, the firm still faces another $525 million lawsuit brought by international investors, accusing it of playing a key role in building the now-defunct FTX exchange; legal proceedings related to FTX remain ongoing.
