DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
FTX - 1 Sam Bankman - 1 Daniel Friedberg - 1 Friedberg - 1 cryptocurrency Friedberg - 1 Bankman - 1 Fried - 1 Fenwick - 1
Top related locs:
Delaware FTX Alameda Manhattan U.S
Top related orgs:
Fenwick - 1 Bankruptcy - 1 Alameda Research - 1 Friedberg - 1 FTX - 1 West - 1 Thomson - 1

Search resuls for: "Daniel Friedberg"


7 mentions found


☆ FTX accuses ex-lawyer of aiding Bankman-Fried's fraud, silencing whistleblowers
  + stars: | 2023-06-28 | by ( Andrew Goudsward | Us Judge Facing Competency Probe Asks Court To Block Her Suspension | Blake Brittain | ) www.reuters.com   time to read: +2 min
Law Firms Fenwick & West LLP FollowJune 28 (Reuters) - Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. A lawyer for Friedberg and a spokesperson for FTX did not immediately respond to requests for comment. Bankman-Fried has been criminally charged in federal court in Manhattan with stealing billions in FTX customer funds to plug holes at the Alameda hedge fund and fund speculative investments. Friedberg served as an adviser to Bankman-Fried and his companies while working at law firm Fenwick & West. He became an in-house attorney at both FTX and Alameda in 2020.
Persons: FTX, Sam Bankman, Daniel Friedberg, Friedberg, cryptocurrency Friedberg, Bankman, Fried, Fenwick, Andrew Goudsward, David Bario Organizations: Fenwick, Bankruptcy, Alameda Research, Friedberg, FTX, Reuters, West, Thomson Locations: Delaware, FTX, Alameda, Manhattan, U.S
☆ FTX defends choice of law firm to guide it through bankruptcy
  + stars: | 2023-01-20 | by ( Dietrich Knauth Andrew Goudsward | Dietrich Knauth | Andrew Goudsward | ) www.reuters.com   time to read: +3 min
Former top FTX attorney Daniel Friedberg also opposed Sullivan & Cromwell's hiring, saying Thursday that the law firm had conflicts of interest stemming from its connections to Miller. Sullivan & Cromwell has told the court it should not be disqualified simply because it performed some pre-bankruptcy work for FTX. A Sullivan & Cromwell spokesperson has said the firm had a "limited and largely transactional" relationship with FTX prior to the bankruptcy and never served as primary outside counsel to any FTX entity. Serving as primary bankruptcy counsel to FTX would likely allow Sullivan & Cromwell to reap hundreds of millions of dollars in fees, legal experts have said. FTX has sought bankruptcy court permission to pay top Sullivan & Cromwell attorneys more than $2,000 per hour.
☆ Judge in FTX bankruptcy case rejects motion to remove elite NYC lawyers
  + stars: | 2023-01-20 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
New York CNN —One of America’s elite white-collar law firms has emerged as a contentious figure in the complex FTX saga. A judge ruled that the bankrupt crypto platform could retain Sullivan & Cromwell as legal counsel, overruling objections from FTX customers who accused the firm of conflicts of interest. Then FTX’s former top lawyer supported the motion in a court filing, which included additional allegations that one of his former colleagues improperly funneled FTX business to Sullivan & Cromwell. Friedberg alleged that that lawyer funneled business to Sullivan & Cromwell, hoping to curry favor with the firm to which he hoped to eventually return. Earlier this month, a group of US senators also raised objections to Sullivan & Cromwell’s participation in the FTX bankruptcy.
☆ FTX's ex-top lawyer is reportedly cooperating with investigators, revealing details about what Sam Bankman-Fried did with customer funds
  + stars: | 2023-01-05 | by ( Zahra Tayeb | ) www.businessinsider.com   time to read: +3 min
FTX's ex-top lawyer has cooperated with US agencies investigating the crypto exchange, per Reuters. Daniel Friedberg spoke about how Sam Bankman-Fried used customer funds to finance the FTX empire. FTX's ex-CEO is facing fraud charges, and billions of dollars of customer funds are missing. Since FTX collapsed in November, reports have emerged that billions of dollars in trading customer funds were funneled to Alameda to prop up the crypto hedge fund. FTX's former regulatory chief was willing to share information about the crypto exchange right after it filed for bankruptcy on November 11, the report said.
☆ Exclusive: FTX's former top lawyer aided U.S. authorities in Bankman-Fried case
  + stars: | 2023-01-05 | by ( Angus Berwick | ) www.reuters.com   time to read: +5 min
Friedberg gave details about FTX in a Nov. 22 meeting with two dozen investigators, the person said. "THROUGH THICK AND THIN"Prior to his work advising FTX, Friedberg advised a mix of banking, fintech, and online gaming companies. At the time, the source said Friedberg advised Bankman-Fried on running Alameda, which he founded that year. In 2020, when Bankman-Fried launched a separate exchange for U.S. customers called FTX.US, Friedberg moved in-house as FTX's chief regulatory officer. In a now-deleted blog post published that year on FTX's website, Bankman-Fried wrote that Friedberg was FTX's legal advisor "from the very beginning," noting he had been "with us through thick and thin."
☆ This little-known firm with a weird website was central to the misappropriation of FTX customers' money, regulators say
  + stars: | 2022-12-27 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com   time to read: +7 min
Still, North Dimension had a crucial role in the FTX mess, regulators now say. In fact, they contend, the little-known company was central to the furtive misappropriation of FTX customers’ funds. But North Dimension Inc. also appears to have been a fake online electronics retailer, an NBC News investigation found. The second North Dimension website is sparse, with just two pages superimposed on a photo of a mountain range. An analysis by DomainTools shows this North Dimension site was created on Oct. 3, 2022, and registered in Ontario, Canada.
☆ Elon Musk has become a 'detriment' to the value of his companies, say 79 CEOs in new Yale School of Management poll
  + stars: | 2022-12-21 | by ( Grace Kay | ) www.businessinsider.com   time to read: +4 min
79% of CEOs surveyed at a Yale summit believe Elon Musk has become a detriment to the value of his companies. A new poll of CEOs by Yale School of Management showed that 79% of the 100 executives that were surveyed believe Musk has become a "detriment" to the value of his companies. A screenshot from Yale School of Management's 2022 survey of 100 CEOs, asking whether Elon Musk has become "a detriment" to the value of his companies. Yale School of ManagementThe survey was conducted at the invitation-only Yale CEO Summit held last week. Though, shares of the EV company appeared to respond positively to the possibility of Musk stepping down as CEO of Twitter on Monday.
0 next >>
Total: 7