Lawyer Fenwick & West denied charges of an updated collective lawsuit claiming to have been essential in the fraud in Exchange and ultimately collapse.
Earlier this month, FTX users Request to update their allowance Against Venwick, she first presented in 2023, claiming new information from bankruptcy and a criminal case that has participated in the fact that the law office “played a major and decisive role in the most important aspects of the cause and how fraud was completed in FTX.”
Vinoyeck told a federal Veloda judge in A. presentation On Monday, the court must prohibit the request of FTX users to update a lawsuit against the company, on the pretext of their theory that it helped the exchange of fraud “as is defective.”
She said: “Phoenoic does not bear responsibility for help and incitement to fraud, which he did not know anything about, based on allegations that Phoenic did what the law firms do every day – providing routine and legal legal services to their customers.”
Vinoyeck says that the lawsuit uses “old information”
The new accusations against Venwick stem from a huge multi -province lawsuit filed by FTX users after their collapse in late 2022.
The group also submitted claims against celebrities and companies that were allegedly worked with FTX, including the Lawyer & Cromwell, which the group Later There is no evidence.
Venwick argued that the updated updated complaint is “from next – based on old information that was available to them for years – but it is also misleading and sterile.”
Vinok also referred to allegations against the “mirror” company that they used “strongly” against Sullivan and Carmueel, before the group rejected the procedure after a report concluded that Sullivan was not known about FTX’s fraud.
He added: “They do not provide any reliable reason for the same allegations that remain against Phoenic.”
“False Description” for FTX Executive claims
Venwick has also refuted that Nishad Singh, the main Fatex engineer, has witnessed that Venwick was aware and helped hide “misuse of customer money” and “improper loans” during the co -founder of FTX Sam Benkman Farid Criminal trial.
The company said: “Singh has witnessed that Venwick only advised how to organize the institution’s loans, which are common tools for companies such as FTX.”
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He added that “dozens of witnesses” in the trial of the Bankman-Priad witnessed that FTX fraud was implemented “without even knowing the internal FTX lawyer, FTX employees, executives, directors, FTX accounting for a long time, and other lawyers and professionals who worked closely with FTX. Fenwick are not different.”
Vinoyeck rejects new securities claims
Meanwhile, Phoenock said that the new allegations of the proposed complaint were that it helped launch and promote the distinctive code of FTX (FttIn violation of the laws of securities in Florida and California, it was far-reaching, and it must be “emphasized for months-if not years-earlier.”
“These new allegations come too late,” he wrote. “If the prosecutors really think that they have claims to the United States against Phoenic, they have every opportunity to claim them at first.”
The group was accused of adding the two new allegations after the judge rejected all except for the state’s securities laws against celebrities who were allegedly promoting FTX.
“This is an attempt in the eleventh hours to evade the court ruling regarding the request of famous defendants to reject, and to reformulate the lawyers as” promoted “, as Phoenic claimed.” But this theory also does not go anywhere. “
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