FTX sues former chief compliance officer Daniel Friedberg, accusing him of paying hush money to whistleblowers

ChainCatcher news, FTX has filed a lawsuit against Daniel Friedberg, who held multiple positions including Chief Regulatory Officer of FTX, Chief Compliance Officer of FTX.US, and General Counsel of Alameda Research. In the filing, FTX made 11 civil allegations, including accusations that Daniel Friedberg violated his legal duties and approved a series of fraudulent transfers and "loans" to other former FTX executives. The document claims he paid hush money to two potential whistleblowers to prevent them from leaking information regarding regulatory issues.

Additionally, the document states that Friedberg received a salary of $300,000, a signing bonus of $1.4 million, and 8% equity in FTX.US during his 22 months of employment at FTX. According to the complaint, FTX is seeking to recover all of this equity. (Source link)