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FTX Accuses Dan Friedberg of Using 'Hush Money' in Lawsuit

FTX Accuses Dan Friedberg of Using 'Hush Money' in Lawsuit

FTX cryptocurrency exchange sues ex-regulatory head,

 Daniel Friedberg.

FTX claims that Friedberg used his position to hide wrongdoings within the company. He allegedly paid off two people who might have exposed the company's problems. FTX has brought 11 charges against Friedberg, including approving fake transactions. During his job at FTX, Friedberg was paid $300,000, got a $1.4 million bonus, dan friedberg and owned 8% of FTX US. Now, FTX wants all of this back. The details about how much was paid to the people who could have exposed the issues are kept secret in the lawsuit.



By: Aditi Tiwari
28-Jun-2023

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