Former FTX lawyer cooperates with US authorities in the SBF case (report)

Former FTX lawyer cooperates with US authorities in the SBF case (report)

Daniel Friedberg-the former leading lawyer of the crypto tour FTX-has reported important information to American prosecutors who could help the authorities during the trial against Sam Bankman-Fried.

The lawyer is expected to appear in the trial of SBF in October to bring more light into the 30-year-old's actions while he is responsible for the Bankrotte platform.

• According to a current Reuters Test report Friedberg, at the end of November last year, with over 20 US investigators (civil servants of the Ministry of Justice. Bureau of Investigation and the Sec).
• He told them that Bankman-Fried uses customer funds to finance his business conglomerate and explained how the sister company Alameda Research operates.
• Freidberg is not examined for his role in the downfall of FTX and the resulting billions of bills of investors.
• he expects to take part in the trial against SBF in October of this year, where he could provide further information as a witness to the government.
• Bankman-Fried spent a week in the Bahamaische prison Fox Hill before he was deported to the USA. A New York federal judge allowed his release after a record bond of $ 250 million, which is significantly more than $ 100,000 that he previously had on his bank account.
• SBF recently committed to several accusations, including wire fraud and money laundering conspiracy, and now lives in his parents' house, where he has to constantly wear a surveillance bracelet.
• His negotiation date is Set for October 2, 2023.

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