Lawsuit: Ex-FTX CCO bribed whistleblowers into silence
By Jeff Dale2023-06-29T18:40:00
The former chief compliance officer at cryptocurrency exchange FTX paid off whistleblowers and their lawyers trying to expose the company’s fraud, according to a lawsuit filed in bankruptcy court by FTX and its debtors.
Daniel Friedberg, a longtime outside counsel for FTX and its former Chief Executive Sam Bankman-Fried, was formally hired in January 2020, according to the complaint filed in U.S. Bankruptcy Court for the District of Delaware on Tuesday.
Friedberg, per the complaint, served as both CCO of the FTX US exchange and general counsel of Bankman-Fried’s crypto hedge fund Alameda Research, which Bankman-Fried allegedly used to comingle customer assets and ultimately collapse both businesses in November.