Fenwick & West FTX Customer Class Action Settlement
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Fenwick & West · FTX cryptocurrency exchange · Settlement Reached
Last updated
About this case
Former FTX customers allege that Fenwick & West helped facilitate FTX's fraud by advising on legal entities, fund structures, transfers involving Alameda Research, and strategies intended to avoid money-transmitter licensing requirements. Fenwick & West agreed to pay $54 million to settle the 2023 class action, but the settlement still requires approval by a U.S. judge.
Case overview
- Defendant company
- Fenwick & West
- Product or service
- FTX cryptocurrency exchange
- Court case number
- 1:23-md-03076-KMM
- Case status
- Settlement Reached
- Lawsuit type
- Consumer
- Reported harm
- Misrepresentation
Participation information
Availability is based on each listed participation option and its deadline.
Settlement Claim
- Type
- Settlement Claim
- Status
- Unknown
- Total settlement amount
- $54,000,000
This information does not determine whether you qualify for a case.
Sources
Public reporting associated with this case.
- Fenwick & West FTX Customer Class Action Settlement
Cointelegraph ·