BlockBeats reported on August 29, according to Cointelegraph, that FTX's former law firm Fenwick & West LLP has filed to dismiss a lawsuit that accuses the firm of playing a key role in the collapse of the cryptocurrency trading platform worth billions of dollars.
The law firm stated that after two years of litigation, the plaintiffs have still not been able to prove that Fenwick & West knew its client was committing fraud. This lawsuit, filed in 2023, lists numerous defendants, with investors claiming they were aware of FTX's fraudulent activities.
Fenwick & West firmly claims that it should be excluded from this dispute. The law firm did not immediately respond to a request for comment.