Home > Quick > Body

Silicon Valley law firm Fenwick & West denies involvement in FTX crash

clock
2025-08-28 06:56:03
Fenwick & West, a prominent Silicon Valley law firm, has formally dismissed allegations that it played a key role in the collapse of cryptocurrency exchange FTX, arguing in a court filing that its involvement was limited to providing routine legal services and that the allegations - that it promoted FTX tokens and designed dubious founder loans - were both unfounded and misleading.
The filing also criticized the amended class action for reusing claims that had previously been rejected, and contrasted such allegations with similar claims against Sullivan & Cromwell.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.