Fenwick Complicit in FTX Fraud, Bankruptcy Examiner Says (2)

Fenwick & West lawyers were “directly involved” in FTX’s efforts to blur its relationship with a sister hedge fund before the massive crypto exchange went bust, according to a court approved examiner.

The Silicon Valley law firm helped FTX shield ties to Alameda Research from investors and regulators, former prosecutor Robert Cleary said in a report made public Thursday. Prosecutors accused FTX chief Sam Bankman-Fried of routing customer money to repay billions in Alameda’s debts.

Fenwick was “involved in an expansive range of matters, including those that closely intersected with core aspects of the FTX Group’s improper operations and management,” ...