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FTX Crypto Crash Draws Online Poker Comparisons as Executive Tied to Ultimate Bet

The latest cryptocurrency crash brought on by crypto trading platform FTX's liquidity crisis is wreaking havoc in the poker world as players report massive losses and draw comparisons to online poker scandals from more than a decade ago.

Most uncannily, some digging from poker sleuths revealed that one FTX executive, Daniel Friedberg, has direct ties to the Ultimate Bet superuser scandal in 2008, in which online poker players were cheated out of $50 million by UB owner Russ Hamilton.

The FTX chief regulatory officer was Daniel Friedberg behind the Poker cheating scandals at UltimateBet and Absolut… https://t.