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Sullivan & Cromwell

Major Law Firms Earn Over $750 Million in Crypto Bankruptcy Fees

August 30, 2024

Major law firms have accumulated more than $750 million in legal fees from handling cryptocurrency-related bankruptcies, according to a Bloomberg Law analysis of court documents. According to the document, 22 major law firms have been involved in seven Chapter 11 bankruptcies related to the

Blockchain·Defi·Markets·Regulation

Fenwick & West Denies Role in FTX Fraud — Lawsuit Seeks Dismissal

August 28, 2025

Fenwick & West denies any role in FTX’s collapse, calling the claims misguided. The firm says it only provided routine legal services and had no knowledge of fraud. The court has not yet ruled on the firm’s motion to dismiss the updated lawsuit.