FTX's former law firm Fenwick & West files motion to dismiss aiding FTX in fraud allegation

BlockBeats News, August 29th, according to Cointelegraph, FTX's former law firm Fenwick & West LLP has filed a motion to dismiss a lawsuit accusing the firm of playing a key role in the multi-billion-dollar collapse of a cryptocurrency exchange.

The law firm stated that after two years of litigation, the plaintiff has still failed to prove that Fenwick & West was aware of its client's fraudulent activities. Filed in 2023, the lawsuit listed numerous defendants, with investors claiming they were aware of FTX's fraudulent behavior.

Fenwick & West strongly asserts that it should be excluded from this dispute. The law firm did not immediately respond to a request for comment.