SEC General Counsel resigns after links to FTX crash
- December 23, 2022
Adeniyi Odukoya, Technext
Several emails acquired by the watchdog Protect the Public Trust revealed that Berkovitz maintained a cordial relationship with Sam Bankman-Fried and FTX. In the report, Dan Berkovitz, Sam Bankman-Fried, FTX General Counsel Ryne Miller, and FTX Brett Harrison met in an opulent restaurant in October 2021.
“If ever there was a scene to conjure up a vision of a D.C rigged toward corrupt insiders at the expense of the little guy, it would be difficult to top this one,” Michael Chamberlain, director of Protect the Public’s Trust, said.
“Not long before its demise and a slew of fraud charges, SBF and his gang were doubtlessly courting one of their would-be regulators to try to manipulate the regulations to their advantage,” he added.