FTX's ex-top lawyer is reportedly revealing details about what Sam Bankman-Fried did with customer funds | Business Insider

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FTX's ex-top lawyer is reportedly revealing details about what Sam Bankman-Fried did with customer funds.

In a now-deleted blog on FTX's website in 2020, Bankman-Fried wrote that Friedberg was FTX's legal advisor"from the very beginning," and said he had been"with us through thick and thin," per Reuters.

FTX's former regulatory chief was willing to share information about the crypto exchange right after it filed for bankruptcy on November 11, the report said. He then requested FTX waive his attorney-client privilege so he could work with the authorities. "I want to cooperate in all respects," he told two FBI agents in an email at the time, seen by Reuters.

Investigators from the Department of Justice, the FBI, and the Securities and Exchange Commission were at the meeting with Friedberg at the office of the US Attorney for the Southern District of New York in late November, Reuters said. Friedberg and his lawyer, Telemachus Kasulis, and FTX did not immediately respond to Insider's request for comment. The US agencies involved did not respond to a similar request.

 

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