Former FTX Advisor Law Firm Fenwick & West Agrees to Pay $54 Million to Settle Fraud Allegations

Former FTX Advisor Law Firm Fenwick & West Agrees to Pay $54 Million to Settle Fraud Allegations

2026-05-24 09:15

ChainThink message, according to The Block, former FTX advisor law firm Fenwick & West has agreed to pay $54 million to resolve allegations that it aided Sam Bankman-Fried in orchestrating fraud.

Additionally, auditor Prager Metis and former Miami Heat player Udonis Haslem will each pay $11.75 million and $420,000 respectively, reaching related settlements.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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