According to Bloomberg Law, 20 FTX victims have filed a lawsuit against Silicon Valley law firm Fenwick & West LLP in the U.S. District Court for the District of Columbia, seeking $525 million in damages. They accuse the firm of allegedly helping design corporate structures and shell companies for FTX between 2018 and 2022, covering up the misappropriation of customer funds, and giving FTX the appearance of compliance and legitimacy. The report also cites testimony from FTX’s former Director of Engineering, Nishad Singh, who claimed he informed Fenwick lawyers about the misappropriation of customer funds. https://(wublock123.com)/news/ftx-victims-sue-fenwick-west-allege-aid-coverup-525m-claim-61164