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Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source
Former FTX lawyer Daniel Friedberg provided information on FTX at a meeting on Nov. 22 with the U.S. Justice Department, FBI and the SEC, the person said.
Updated Jan 9, 2023, 8:56 p.m. Published Jan 5, 2023, 6:14 a.m.
A former lawyer of Sam Bankman-Fried's failed 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 (DOJ), the Federal Bureau of Investigation (FBI) and the Securities and Exchange Commission (SEC), 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 person. 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 person said. He also provided information on Alameda Research operations, the source said.
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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.
Read more: Why Did Sam Bankman-Fried Plead Not Guilty?
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- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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