FTX’s former legislation agency hit with lawsuit alleging it arrange shadowy entities

FTX’s former main counsel Fenwick & West LLP has been hit with a class-action go well with claiming it aided the crypto alternate’s alleged multi-billion greenback fraud.

An Aug. 7 submitting by a gaggle of FTX clients in a California District Court docket alleged the legislation agency arrange a number of “shadowy entities” permitting FTX co-founder Sam Bankman-Fried and different executives to undertake “inventive however unlawful methods” to perpetuate fraud.

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