I think the quote is saying that speaking out would saddle the person who spoke out about what someone else knew with significant costs. Although I think the quote overstates the risk, I don’t think your reasoning holds. It’s not clear to me why anyone has a duty to voluntarily burden themselves with costs to aid the litigation interests of a third party.
If the statement is actually about a senior leader’s own knowledge, and their organization received significant funds from FTX/Alameda-linked sources, they are very going to be involved in litigation whether they speak or not.
I think the quote is saying that speaking out would saddle the person who spoke out about what someone else knew with significant costs. Although I think the quote overstates the risk, I don’t think your reasoning holds. It’s not clear to me why anyone has a duty to voluntarily burden themselves with costs to aid the litigation interests of a third party.
If the statement is actually about a senior leader’s own knowledge, and their organization received significant funds from FTX/Alameda-linked sources, they are very going to be involved in litigation whether they speak or not.