Fenwick & West Under Fire: Lawsuit Alleges Key Role in FTX Fraud Scandal
Silicon Valley's go-to law firm just got dragged into crypto's messiest meltdown.
Fenwick & West—the legal powerhouse behind tech's biggest deals—now faces explosive allegations of enabling FTX's fraud. Court docs claim the firm provided "shadowy legal cover" while Sam Bankman-Fried's empire crumbled.
Here's the kicker: These are the same attorneys who helped craft FTX's infamous "risk-free" terms of service. Turns out their creative compliance might've been too creative.
Legal experts whisper this could trigger a wave of "aider-and-abetter" suits across crypto. Because nothing brings out plaintiffs like the smell of deep-pocketed defendants.
Bonus finance cynicism: Who needs offshore accounts when you've got top-tier legal opinions? The billable hours must've been glorious.
