TechFlow News, May 25: According to SolanaFloor (@SolanaFloor), law firm Fenwick & West has reached a preliminary $54 million settlement agreement with former FTX customers in a class-action lawsuit accusing the firm of aiding Sam Bankman-Fried in executing billions of dollars in fraud. Fenwick & West denies any wrongdoing in the settlement agreement. However, the firm still faces another $525 million lawsuit filed by international investors, alleging its pivotal role in building the now-defunct FTX exchange. Legal proceedings related to FTX have not yet concluded.
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