[Fenwick & West Law Firm Denies Involvement in FTX Collapse] The renowned Silicon Valley law firm Fenwick & West has officially refuted allegations of playing a key role in the collapse of the cryptocurrency exchange FTX. In a court document, the firm argued that its involvement was limited to providing routine legal services, and those allegations (claiming it promoted FTX Tokens and designed questionable founder loan schemes) are both unfounded and misleading.
The document also criticizes this revised class action for reusing claims that have previously been dismissed and compares such allegations to similar claims against Sullivan & Cromwell.
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Silicon Valley law firm Fenwick & West denies involvement in the FTX collapse.
[Fenwick & West Law Firm Denies Involvement in FTX Collapse] The renowned Silicon Valley law firm Fenwick & West has officially refuted allegations of playing a key role in the collapse of the cryptocurrency exchange FTX. In a court document, the firm argued that its involvement was limited to providing routine legal services, and those allegations (claiming it promoted FTX Tokens and designed questionable founder loan schemes) are both unfounded and misleading. The document also criticizes this revised class action for reusing claims that have previously been dismissed and compares such allegations to similar claims against Sullivan & Cromwell.