DAN Friedberg was the chief compliance officer at FTX before the firm collapsed in November 2022.
Friedberg joined the company in March 2020 and was the person who oversaw the cryptocurrency exchange’s compliance initiatives.
But what is the story behind Friedberg?
Who is Dan Friedberg?
Dan Friedberg received a Juris Doctor and MBA degree from the University of Wisconsin-Madison.
Friedberg joined the bar in Washington in 1998
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Friedberg specialized in securities, banking, partnerships and, later, cryptocurrencies.
In 1999 he joined the online gaming industry and was an attorney for UltimateBet before the firm collapsed.
Before joining FTX, Friedberg was also a partner at Fenwick & West LLP, where he led the law firm’s cryptocurrency division.
As well as being the chief regulatory officer at FTX, Friedberg worked as the company’s general counsel and was also an officer at Hawaii Digital Assets, a unit created in August 2022.
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Friedberg was also the legal counsel for Alameda.
As FTX’s chief regulatory officer, Friedberg should have been tasked with monitoring customer protection practices, ensuring product offerings complied with existing rules and overseeing internal audits and reviews.