A former lawyer of Sam Bankman-Fried's bankrupt FTX crypto firm provided details of what he knew about the company's dealings during a meeting with officials of the U.S. Department of Justice , the Federal Bureau of Investigation and the Securities and Exchange Commission , Reuters reported, citing a person familiar with the situation.
The meeting with lawyer Daniel Friedberg and prosecutors took place at the U.S. Attorney for the Southern District of New York's office on Nov. 22, according to the source. Reuters reported that it had seen scheduling emails among the participants. Friedberg told prosecutors what he knew of Bankman-Fried's use of customer funds to finance Bankman-Fried's business empire, the source said. He also provided information on Alameda Research operations, the source said.
Friedberg has not been charged with a crime and he expects to be called as a government witness in Bankman-Fried's October trial, the person said. Friedberg's lawyer, Telemachus Kasulis, the FBI and FTX did not respond to requests for comment on his cooperation. The SEC, the Department of Justice and Bankman-Fried's spokesman declined to comment.
Oh his lawyer flips on him too! The J connection crumbles. SBF is gonna live is a real big house at the end of it all. But he won't get his choice of room or roommate.
GregAhl The lawyer is snitching on their client? 🤔
I'm not a fan of SBF, but whatever happened to attorney-client privilege? Or loyalty? This attorney should be disbarred.
Hahaha you will see - SBF soon he will be free 😂
This looks concerning, I hope US authorities investigate the matter and take action to ensure users are protected. Crypto Fintech DeFi Ethereum
GregAhl Looks like FTX is getting lawyered up. Better start hiding all the illegal trading algorithms.
bonk ..rug pull Sam's defense team!!!
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