Fenwick denies allegations that it was key to multibillion-dollar FTX fraud
11 Articles
11 Articles
Fenwick Rejects Claims Of Involvement In FTX Fraud
In the ongoing FTX story, the law firm Fenwick & West has strongly disputed claims that it was a key player in the cryptocurrency exchange’s alleged $9 billion fraud. The charges stem from a class-action complaint filed by FTX investors who allege that the law firm assisted in the substantial financial wrongdoing that led to the exchange’s collapse in November 2022. The lawsuit says that Fenwick & West, a well-known law firm in Silicon Valley, …
Fenwick & West Rubbishes Claims of Enabling FTX Fraud - CoinCodeCap
Key Takeaways “Fenwick is not liable for aiding and abetting a fraud it knew nothing about,” the filing stated Investors had argued that Fenwick played a central role in structuring deals and legal frameworks that enabled the misconduct. A legal dispute over FTX’s downfall has drawn Fenwick & West into the spotlight again, with the Silicon Valley law firm rejecting claims that it facilitated the exchange’s fraud. In a filing submitted on Monday…
Fenwick Denies Allegations of Key Role in Multibillion-Dollar FTX Fraud
Fenwick & West, the law firm once representing the collapsed crypto exchange FTX, has strongly denied allegations that it played a central role in one of the largest financial frauds in history. The firm, which advised FTX on regulatory and corporate matters before the company’s downfall in late 2022, is facing increasing scrutiny amid lawsuits […]
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