FTX Says a Former Top Lawyer Helped Raid Customer Accounts (1)

Bankrupt FTX Trading Ltd. is suing the former top compliance officer to the crypto empire, accusing the lawyer of helping company founder and alleged fraudster Sam Bankman-Fried raid customer funds.

Daniel Friedberg allegedly enabled top FTX Group managers to misuse billions of dollars of customer funds, according to the lawsuit filed last night in US Bankruptcy Court in Wilmington.

“Under the cloak of this wide-ranging con game, Friedberg and others facilitated the routing of billions of dollars in purported profits of the FTX Group to the FTX Insiders, and their families, friends, and other acquaintances through purported personal ‘loans,’ bonuses, ...