Reported by Harry Cassin

The trustee for bankrupt crypto giant FTX Group filed a civil complaint last week against former FTX general counsel and chief compliance officer Daniel Friedberg, alleging he acted as a “fixer” who helped divert billions to FTX insiders, paid off whistleblowers and their lawyers, and collected a $3 million bonus and other rewards for his 22-months of service to FTX.

A redacted version of the complaint is posted on Kroll’s FTX docket as entry #1727.

Friedberg, an attorney licensed in Washington state, joined FTX Group in January 2020 as general counsel and chief compliance officer. He resigned on November 9, 2022.

Read full report: https://fcpablog.com/2023/07/03/former-ftx-gc-chief-compliance-officer-helped-insiders-divert-billions-complaint-alleges/