PokerNews · Jan 6, 2023
Report: UB Lawyer Daniel Friedberg Working w/ Authorities in FTX Case
A former top lawyer for FTX who was previously embroiled in the Ultimate Bet online poker cheating scandal is working with US authorities as they investigate the collapse of the crypto trading firm that prosecutors are calling "one of the biggest financial frauds in US history."
It was recently revealed that Daniel Friedberg met with two dozen investigators — including from the US Justice Department, Federal Bureau of Investigation and Securities and Exchange Commission — in November 2022 and told them about FTX founder Sam Bankman-Fried's "use of customer funds to finance his business empire," according to a Reuters exclusive published today.