US law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collapse. Plaintiffs alleged Fenwick helped facilitate the fraud. The settlement requires court approval. Fenwick states it was unaware of the fraud and disputes wrongdoing. This is part of broader FTX litigation.

Fenwick & West will pay $54M to settle claims it helped FTX commit fraud. A separate $525M lawsuit against the firm and its partners remains active.

US law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collapse. Plaintiffs alleged Fenwick helped…

The law firm, Fenwick & West, denied wrongdoing and still faces a separate $525 million suit in Washington that is not covered by Friday's deal.

Fenwick & West will pay $54M to settle FTX customer fraud claims in Miami, while a separate $525M lawsuit against the Silicon Valley law firm continues in D.C.