FTX compliance officer Dan Friedberg’s past is under renewed scrutiny.
on Friedberg’s UltimateBet saga — and speculated about possible parallels with FTX.
Bankman-Fried is alleged to have transferred $10 billion in FTX client funds to help prop up Alameda Research, a cryptocurrency trading house he also owned. At least $1 billion of those funds is still missing. CoinGeek’s Steven Stradbrooke noted it “remains something of a mystery” how Friedberg “managed to avoid being disbarred” after the recordings surfaced.“Friedberg’s presence on FTX’s payroll means Sam Bankman-Fried either didn’t do his due diligence before hiring, or he knew of Friedberg’s past sins and didn’t care. Neither of these options paints Sam Bankman-Fried in an overly flattering light,” Stradbrooke wrote.Friedberg’s involvement while predicting FTX’s downfall during a Sept.
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