The former law firm and audit firm of FTX have agreed to pay approximately $66 million to settle customer claims of fraud. According to @TheBlockCo, court filings show that Fenwick & West, the Silicon Valley law firm that served as FTX US’s primary external legal counsel before its collapse in 2022, has agreed to pay $54 million to resolve allegations that it assisted Sam Bankman-Fried in committing fraud. This settlement is part of FTX’s second batch of settlements, which also include $11.75 million from audit firm Prager Metis and $420,000 from former NBA player Udonis Haslem. The total value of the second batch of FTX class action settlements amounts to approximately $66.17 million. Fenwick denies any wrongdoing and remains subject to a separate $525 million lawsuit in Washington, which is not resolved by this settlement.