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Cointelegraph by Vince Quill

Fenwick & West agrees to $54M settlement tied to former FTX customers

Fenwick & West LLP, a key outside counsel to the former crypto exchange FTX, agreed on Friday to pay $54 million to resolve a 2023 class action brought by ex-customers. The deal was reached in February 2026 and still requires approval from a US judge. The firm is also facing a separate lawsuit seeking $525 million related to alleged involvement in events around FTX's collapse.
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