FTX investors sue Silicon Valley law firm Fenwick & West, accusing it of deep involvement in the exchange's fraud

ChainCatcher news, according to Decrypt, FTX investors are suing the Silicon Valley law firm Fenwick & West, accusing it of being deeply involved in the exchange's fraud and assisting the SBF team in stealing billions of dollars in client funds through the design of shell companies and structures. The lawsuit cites a bankruptcy review report stating that the law firm is "entangled" with FTX's misconduct, and testimony from former executives indicates that the firm was aware of the misuse of funds.