Fenwick & West Fights Back: Denies Any Role in FTX Fraud Scandal — Motion to Dismiss Filed

Another day, another crypto legal showdown—this time with law firms in the crosshairs.

Fenwick & West just slammed the courtroom door on allegations they enabled FTX’s collapse. The firm filed a motion to dismiss, arguing they provided standard legal services—not a fraud playbook. No admitted wrongdoing, no settled claims. Just hard-nosed legal pushback.

Legal experts are watching closely. If the suit moves forward, it could redefine how much blame law firms carry when crypto clients implode. If it gets tossed? Business as usual—until the next blowup.

Another reminder: in crypto, when the house of cards falls, everyone reaches for a lawyer. Even the lawyers.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.