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Fenwick named an Impact award finalist at the California Legal Awards. Fenwick's work empowering vulnerable families, supporting burgeoning small businesses, and helping those impacted by wildfires earned the firm recognition as a finalist for the Community Advocacy and Impact Initiative award at Law.com's California Legal Awards. "Working shoulder to shoulder in clinics, trainings, and client partnerships keeps the firm grounded and connected," the Fenwick team told Law.com in a Q&A. "Fenwick & West LLP has found that the same collaboration that defines this work also strengthens how teams approach complex legal challenges more broadly. These efforts have also deepened relationships with clients. Tackling real-world problems together builds trust and shared perspective, shaping how Fenwick & West LLP work across all types of engagements. Fenwick attorneys worked across offices and time zones to build a rapid-response network for families left vulnerable following changes to critical legal frameworks. Knowing that expanding access to legal support strengthens economic opportunity, Fenwick partnered with clients and community members to hold entrepreneurship clinics for emerging small businesses. And as fires ravaged California, Fenwick helped homeowners, families, and small businesses navigate the ensuing legal and regulatory challenges. About Fenwick Fenwick is a leading law firm, purpose-built to guide visionary tech and life sciences companies and their investors through every stage of growth, from startups securing their first round of funding to leading publicly traded global enterprises. As one of Silicon Valley's original legal practices, today Fenwick & West LLP has over 600 lawyers, patent agents, engineers, and scientists serving clients all over the world. Named 2024 Practice Group of the Year for both Life Sciences and Technology by Law360, Fenwick & West LLP is consistently ranked a Chambers first-tier firm for delivering the deep experience and technical skill that help innovators at the forefront of their industries shatter boundaries and redefine what's possible. Visit fenwick.com to learn more.

Fenwick & West hit with $525 million lawsuit linked to FTX fraud. Published on: May 14, 2026 Kelvin Scott Steven Burnett As Featured In A group of former FTX users has filed a massive lawsuit against law firm Fenwick & West, accusing the firm of helping conceal fraud tied to the collapse of the crypto exchange. Key takeaways. * Twenty FTX victims from five countries or jurisdictions filed a lawsuit seeking more than $525 million in damages. * The lawsuit accuses Fenwick & West of helping hide the misuse of customer funds and creating structures that enabled fraud. * Former FTX engineering director Nishad Singh allegedly told Fenwick attorneys about the misuse of funds, according to the complaint. * Plaintiffs are seeking compensation, repayment of legal fees earned from FTX, and punitive damages against specific firm partners. What happened? A group of 20 former FTX customers has sued Silicon Valley law firm Fenwick & West LLP, claiming the firm played a critical role in helping conceal fraudulent activities at the now bankrupt crypto exchange. The complaint was filed in the US District Court for the District of Columbia and seeks more than $525 million in damages. The lawsuit relies heavily on testimony from former FTX executive Nishad Singh, who previously pleaded guilty to fraud related charges and testified during Sam Bankman Fried's criminal trial. JUST IN: Fenwick & West sued for $525M by 20 FTX victims, alleged to have helped build the infrastructure that kept the fraud running. If the case gains traction, it could complicate litigation risk for law firms tied to crypto collapses. $FTX pic.twitter.com/ReasOHZzv2 - Bpay News (@bpaynews) May 14, 2026 Lawsuit claims Fenwick helped conceal fraud. According to the complaint, Singh informed Fenwick attorneys that customer funds were being misused at FTX. Instead of distancing itself from the exchange, the lawsuit claims the law firm advised on ways to hide the activity. The plaintiffs allege that Fenwick helped establish North Dimension Inc., a Delaware based shell company that reportedly moved more than $3 billion in customer funds. The company was allegedly presented as an electronics retailer while functioning as part of the broader financial structure tied to FTX operations. The lawsuit also accuses the firm of implementing FTX's Signal auto delete messaging system. Federal prosecutors previously argued that the messaging policy made it harder for regulators and investigators to detect the fraud taking place inside the company. The complaint names six individual defendants alongside Fenwick & West and includes allegations of malpractice, fraud, and gross negligence. Bankruptcy examiner findings add pressure. The lawsuit references findings from a court appointed bankruptcy examiner who reviewed more than 200,000 documents after FTX filed for bankruptcy in November 2022. According to the complaint, the examiner concluded that Fenwick was "deeply intertwined in nearly every aspect of FTX Group's wrongdoing." The report allegedly found that the law firm helped create corporate structures for both FTX and Alameda Research, established shell entities to obscure money transfers, and drafted backdated agreements connected to illicit fund movements. "These findings are those of a court appointed officer based on documentary evidence in federal bankruptcy proceedings to which Fenwick was a party," the lawsuit stated. After the exchange collapsed, the lawsuit claims Fenwick removed references to FTX from its website and hired defense attorneys from Gibson Dunn before any civil claims had been filed. Plaintiffs seek more than financial compensation. The plaintiffs are demanding compensatory damages exceeding $525 million. They are also asking the court to order the return of all legal fees Fenwick earned from FTX. In addition, the complaint seeks punitive damages against partners Tyler Newby and Daniel Friedberg, accusing them of "deliberate and reckless individual professional conduct." The case adds another legal challenge connected to the fallout from the collapse of FTX, one of the biggest failures in crypto industry history. Sam Bankman Fried's trial continues to shape cases. The lawsuit arrives shortly after a federal judge rejected Sam Bankman Fried's request for a new trial. Judge Lewis Kaplan dismissed arguments from the former FTX CEO that new evidence could challenge the government's case. Bankman Fried had argued that former FTX executives Ryan Salame and Daniel Chapsky could dispute claims about the exchange's insolvency. He also claimed Nishad Singh altered his testimony under pressure from prosecutors. Judge Kaplan rejected those claims, describing them as "wildly conspiratorial and entirely contradicted by the record." CoinLaw's takeaway. In my experience, lawsuits like this show how deeply the fallout from FTX continues to spread beyond crypto companies themselves. What stands out here is that the focus is now shifting toward outside firms and advisers that allegedly helped build or protect these structures. I found the bankruptcy examiner's findings especially serious because they suggest the issue was not limited to internal misconduct at FTX. If courts determine that professional service firms knowingly enabled fraudulent activity, this case could reshape how law firms approach crypto clients in the future. This article has been reviewed and fact-checked by Steven Burnett. CoinLaw follows strict Publishing Principles and a documented Fact-Check Policy to ensure accuracy, transparency, and editorial independence across all content. Add CoinLaw as a Preferred Source on Google for instant updates! References. Kelvin Scott. Finance News Analyst Kelvin Scott, with over 8 years of experience, covers the latest trends in digital assets, financial markets, and regulatory developments. With a strong focus on accuracy and clarity, he delivers timely updates to help readers navigate the fast-changing world of crypto and finance. An avid football fan, he never misses a chance to watch a good match, whether it's Premier League drama or a local game. Disclaimer: The content published on CoinLaw is intended solely for informational and educational purposes. It does not constitute financial, legal, or investment advice, nor does it reflect the views or recommendations of CoinLaw regarding the buying, selling, or holding of any assets. All investments carry risk, and you should conduct your own research or consult with a qualified advisor before making any financial decisions. You use the information on this website entirely at your own risk.

Law firm Fenwick & West sued for $525M over alleged role in FTX collapse. Twenty FTX victims are suing Fenwick & West, claiming the law firm didn't just represent FTX, it helped build the infrastructure that kept the fraud running. A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley's top tech law firms, accusing it of helping conceal the FTX fraud. The complaint, filed Wednesday in the US District Court for the District of Columbia, names the firm alongside six individual defendants. The plaintiffs say they lost their life savings when FTX collapsed, claiming that Fenwick's involvement gave the exchange a false air of legitimacy that kept them from pulling their money out. At the center of the case is testimony from Nishad Singh, FTX's former director of engineering, who pleaded guilty to fraud charges and testified at Sam Bankman-Fried's criminal trial. Singh said he personally told Fenwick attorneys that customer funds were being misused, and instead of walking away, the firm advised on how to hide it.