Former FTX “chief regulatory officer” Dan Friedberg allegedly helped to steal billions of dollars in customer funds at the cryptocurrency platform while serving as a personal “fixer” for disgraced founder Sam Bankman-Fried, according to a bombshell lawsuit.

In the lawsuit filed Tuesday in Delaware bankruptcy court, FTX’s current caretakers alleged that Friedberg – a lawyer with ties to the notorious UltimateBet online poker cheating scandal – helped Bankman-Fried in the “wholesale raiding of customer exchange deposits.”

Friedberg was allegedly involved in “whitewashing complaints by whistleblowers” about misuse of those funds – at one point paying “exorbitant hush money” to an unnamed former FTX employee who raised alarms, the suit alleged.

“With regard to multiple whistleblower complaints alleging corporate malfeasance, Friedberg served as Bankman-Fried’s fixer,” the complaint said. “He not only settled the complaints for inflated amounts, in some instances he arranged for the FTX Group to retain the whistleblowers’ attorneys post-settlement, thereby buying or otherwise ensuring their silence.”

Friedberg held top compliance roles at FTX while also serving as the general counsel at Alameda Research – the doomed cryptocurrency hedge fund run by Bankman-Fried’s ex-girlfriend Caroline Ellison.

Bankman-Fried is alleged to have stolen billions in FTX customer funds to prop up risky bets at Alameda, buy up ritzy real estate and make significant political donations. He has...

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