Friedberg played a prominent and infamous role in the coverup of the insider-cheating scandal at UltimateBet in the mid-2000s, and he helped orchestrate some of the questionable legal moves that allowed the Portland, Oregon-based site evade U.S. law enforcement efforts throughout its existence. Those business and legal moves included the creation of a false-front office in Canada which in turn allowed for an IPO on the London Stock Exchange, a faked sale of the company to Tokwiro Enterprises (an entity created by the former chief of the Kahnawake nation, Joseph Tokwiro Norton), licensing in various offshore “rubber stamp” jurisdictions, and ultimately, a shadowy merger with another online-poker company, Absolute Poker, which was also riddled with insider fraud and crippled by its own cheating scandal.

Friedberg, who served as FTX’s general counsel before taking on the company’s regulatory role, was recently described by Coingeek’s Steven Stradbrooke as being “almost comically inappropriate” for the job. The description appears apt, given Friedberg’s long history of not complying with various jurisdictions’ regulations, but rather, evading them.