BlockBeats News, February 3rd, FTX users have reached a settlement intention with the U.S. law firm Fenwick & West regarding their role in the FTX incident. The two parties recently submitted a joint filing to the Florida federal court stating that they plan to submit a formal settlement agreement on February 27th and request court approval, with the specific terms of the settlement not yet disclosed.
The lawsuit was initially filed in 2023, with the plaintiffs alleging that Fenwick & West provided “key assistance” in the fraudulent structure design process at FTX. (Cointelegraph)
