Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company.
Friedberg “whitewashed” complaints from employees raising concerns about the activities of FTX and Alameda by settling claims for “inflated” amounts and in some cases hiring law firms that represented whistleblowers to perform legal work for FTX, the company said.A lawyer for Friedberg and a spokesperson for FTX did not immediately respond to requests for comment.
FTX filed for bankruptcy in November 2022 after a run on customer deposits. The company’s new leadership has accused Bankman-Fried and his associates of widespread failures to implement corporate controls.
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