TheBlock
Two of FTX's key professional service providers — its former law firm and auditor — have agreed to pay a combined $66 million to settle claims brought by customers who lost funds in the exchange's catastrophic 2022 collapse. The settlement marks one of the first significant recoveries from third-party enablers rather than from FTX's own estate.
The case centers on allegations that both firms failed to catch or flag the fraud that Sam Bankman-Fried and his inner circle orchestrated over years, raising pointed questions about professional liability in crypto's due-diligence chain. Neither firm has admitted wrongdoing as part of the settlement.
For FTX creditors still navigating the bankruptcy process, the $66 million adds a meaningful — if partial — layer of recovery on top of the estate's own distribution efforts.
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