DAN FRIEDBERG, DODGY CHIEF REGULATORY OFFICER AT FTX HAD A DARK HISTORY WITH MALTA, DIRECTED THE CRYPTO TRADING PLATFORM INTO VALLETTA

 

FTX CRO Daniel S. Friedberg, Esq.

This is Seattle attorney DAN FRIEDBERG, who until very recently was the Chief Regulatory Officer at FTX, although operating remotely from his State of Washington law office. He also, at least part of the time, also held the position of Chief Counsel at the firm. He apparently has declined to respond to questions from the media, regarding why FTX violated so many rules, laws, regulations, accounting principles, and just normal corporate checks and balances, whilst he was supposed to be guiding and managing the company's compliance. We are certain that a number of American law enforcement and regulatory agencies want to interview him, with good reason. He presided over a crypto exchange that not only broke all the rules and regs, it obliterated them.

Malta readers may know that FTX set up two local companies for crypto trading, but had not, fortunately, commenced operations, for if it has, there would be a lot of crocodile tears shed in Valletta this week. The two entities are:

(1) FTX MALTA GAMING LIMITED.

(2) FTX MALTA HOLDINGS LIMITED.

If you were wondering why FTX curiously also registered a gaming company, be advised that Friedberg has a dark history advising a fraudulent Malta-based online poker gaming company. Who remembers EXCAPSA and ULTIMATE BET, where there were massive allegations of cheating? According to the information revealed at the time, certain insider/players were given access to their opponents' poker hands during play, enabling them to consistently win. Friedberg was recorded advising his clients to blame there misconduct upon a consultant, to escape accountability.

Obviously, attorney Friedberg had intentions of again working within Malta's gaming industry, with FTX involved somehow, as well as most likely expanding the company's crypto business into the country. Malta should count its blessings that he did not have the opportunity. Should you encounter Attorney Friedberg, do not approach him; contact law enforcement, as there may be a reward.

FDIC Cease and Desist Letter to Friedberg as CRO