FTX Victims Reach Settlement With Law Firm Fenwick & West in 2026

• The suit claimed that the law firm helped enable the fraud that brought down the exchange.
• Parties announced the agreement in a joint filing to a Florida federal court.
• As for the settlement details, the financial terms have not been disclosed yet.

FTX customers and the Silicon Valley law firm Fenwick & West have reached a settlement deal in a group lawsuit. The suit claimed that the law firm helped enable the fraud that brought down the FTX exchange in 2022. The parties announced the agreement in a joint filing to a Florida federal court, with plans to seek final judicial approval on February 27, 2026.

First filed in 2023, the lawsuit is a part of many legal cases that started after FTX went bankrupt and locked millions of users out of their accounts.

The plaintiffs claimed that the law firm was a key enabler of the fraud. They alleged Fenwick & West set up leg…

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