FTX investors recently filed a lawsuit against Silicon Valley law firm Fenwick & West, accusing it of being "deeply involved" in FTX fraud, even assisting in the design of shell companies and structures that allowed FTX founder SBF to misappropriate hundreds of millions of dollars in customer funds. The lawsuit claims that the firm is the only one among 130 law firms that worked with FTX charged with "knowledge and providing substantial assistance." Plaintiffs pointed out that Fenwick helped create shell companies like North Dimension to obscure the flow of funds and used its reputation to help FTX secure over $1.3 billion in financing. Furthermore, testimony from FTX executives indicates that the firm was informed of the misappropriation of funds but still provided operational advice. (Decrypt)