Fenwick & West Denies Involvement in FTX Crypto Fraud Case!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 25, 2023 9:54

Law firm Fenwick & West is seeking to dismiss a class action suit that accuses it of assisting crypto exchange FTX in a fraudulent scheme. FTX investors brought the claim, stating that the law firm had “provided services to the FTX Group entities that went well beyond those a law firm should and usually does provide”. Fenwick & West has denied any wrongdoing, claiming it acted within the scope of its representation. Several former FTX marketers, including Tom Brady and Naomi Osaka, have also filed a motion to dismiss the case against them. Three FTX marketers, Jacksonville Jaguars quarterback Trevor Lawrence and YouTubers Kevin Paffrath and Tom Nash, have already settled the cases against them.