• Hack & Scam

    FTX Case Takes New Turn, Law Firm Accused of Playing Key Role 

    Victims of the FTX fraud case are updating their lawsuit. New evidence shows Fenwick and West – a law firm – have equally orchestrated the fraud.  According to testimonies given by FTX Insiders, Fenwick and West were not merely legal representatives but they also created and approved the structures that led to mismanagement of customer funds.  The customers have accused the firm for misrepresenting FTX and its sister firm Almaeda Research and its subsidiary North Dimension.   This lawsuit is a component of a larger multi-district class-action lawsuit initiated by FTX users following the exchange’s collapse in late 2022.  The broader…