The Lawyer Who Covered Up one of the Biggest Frauds in Poker History, Daniel Friedberg, Was Responsible for the Legal Operation of FTX

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The Lawyer Who Covered Up one of the Biggest Frauds in Poker History, Daniel Friedberg, Was Responsible for the Legal Operation of FTX

Turned out that he was already involved in another, equally big scandal.

In the 2000s the poker scene was thoroughly shaken by a series of frauds affecting the pages of Absolute Poker and Ultimate Bet, which were among the 10 largest providers at the time.

Russ Hamilton who owned the two companies played poker with an account on his own pages, which made other people’s cards visible to him. When Hamilton himself finally confessed to his lawyer about the fraud and that he did not want to pay back the stolen money.

The lawyer, Daniel Friedberg, who also worked at FTX, advised them to lie that Ross was just a victim, and that in fact a former employee of the halls had committed the fraud. Later, in the conversation available on the Internet, they also discussed that if they had to pay, what would be the minimum amount of the 50 million that they would have to return.

submitted by /u/nevertoolate02
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