FTX’s former top lawyer aided U.S. authorities in Bankman-Fried case

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FTX’s former top lawyer Daniel Friedberg has co-operated with U.S. prosecutors as they investigate the crypto firm’s collapse, a source says

FTX’s former top lawyer Daniel Friedberg has co-operated with U.S. prosecutors as they investigate the crypto firm’s collapse, a source familiar with the matter said, adding pressure on founder Sam Bankman-Fried who was arrested on criminal fraud charges last month.

Friedberg’s co-operation has not been previously reported. He has not been charged and has not been told he is under criminal investigation, the source said. Instead, he expects to be called as a government witness in Bankman-Fried’s October trial, the person said. Two of Bankman-Fried’s closest associates, Caroline Ellison, Alameda’s former chief executive, and Gary Wang, FTX’s former chief technology officer, have already pleaded guilty to fraud and agreed to co-operate. A lawyer for Ellison didn’t respond to a request for comment. Wang’s lawyer declined to comment.

Friedberg then wrote back to the two FBI agents, telling them in an e-mail reviewed by Reuters: “I want to co-operate in all respects.”

 

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