“Friedberg isn’t even the only former UB lawyer to have found a home with a major crypto firm.”
FTX’s chief regulatory officer was Daniel Friedberg, a former UltimateBet lawyer caught on tape discussing how to limit refunds after the God Mode cheating scandal. Another former UB lawyer has a compliance job at Tether. The poker world flagged these names more than a decade ago. Crypto hired them to run compliance anyway. That tells you what compliance was for.