Fenwick & West Denies Involvement in FTX Crypto Fraud Case!

The post Fenwick & West Denies Involvement in FTX Crypto Fraud Case! appeared first on Coinpedia Fintech News

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.

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