• Former FTX lawyer Daniel Friedberg reportedly provided US authorities with information regarding the actions of Sam Bankman-Fried.
• Friedberg met with over 20 US investigators at the end of November, and is expected to appear in SBF’s trial in October.
• The lawsuit against SBF is associated with the collapse of the crypto exchange FTX.
The United States authorities have reportedly received assistance from former FTX lawyer Daniel Friedberg in their lawsuit against Sam Bankman-Fried (SBF). According to a recent Reuters report, Friedberg met with over 20 US investigators – part of the Justice Department, the Federal Bureau of Investigation, and the SEC – at the end of November last year. The purpose of the meeting was to provide the authorities with information regarding SBF’s actions while being in charge of the crypto exchange FTX.
Friedberg, who was the leading lawyer of FTX, is expected to appear in SBF’s trial in October. His testimony is expected to shed more light on the actions of the 30-year-old, which could potentially have caused the collapse of the crypto exchange.
The lawsuit against SBF is associated with the collapse of FTX in early 2020, when the exchange went bankrupt after a series of mismanagement issues. At the time, SBF was in charge of the company and was responsible for its operations. Since then, the US authorities have been investigating the case and have asked for the help of Friedberg in order to gather more information.
The lawsuit is still ongoing and it remains to be seen what the outcome will be. However, with the help of Friedberg’s testimony, the US authorities might be able to get closer to the truth and hold SBF accountable for his actions. Whatever the outcome may be, it is clear that the authorities are taking the case seriously and are doing everything in their power to get to the bottom of it.