Techub News reports, according to Bloomberg Law, FTX investors filed a lawsuit on Wednesday against Silicon Valley law firm Fenwick & West LLP, accusing it of acting as FTX's long-term external legal counsel, knowingly assisting the exchange in embezzling billions of dollars of customer assets, and helping to create shell companies and communication control mechanisms to cover up evidence. Fenwick & West has served as FTX's primary external legal advisor for many years until the exchange collapsed in 2022. FTX founder Samuel Bankman-Fried has been sentenced to 25 years in prison on charges of fraud and money laundering. The plaintiffs claim they lost their lifelong savings due to FTX's collapse, and the lawsuit is currently under review.