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Saturday, July 6, 2024
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HomeFinanceFTX’s former legislation agency hit with lawsuit alleging it arrange shadowy entities
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FTX’s former legislation agency hit with lawsuit alleging it arrange shadowy entities

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

An Aug. 7 submitting by a gaggle of FTX prospects in a California District Courtroom 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.

Highlighted excerpt from the category grievance towards Fenwick & West. Supply: CourtListener

Proceed Studying on Coin Telegraph

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