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3232Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
https://www.digit.info/former-ftx-ceo-seeks-10m-insurance-fund-for-legal-defense-request-opposed-by-ftx-debtors-and-unsecured-creditors/
Thu, 30 Mar 2023 21:05:00 +0000https://www.digit.info/2023/03/30/former-ftx-ceo-seeks-10m-insurance-fund-for-legal-defense-request-opposed-by-ftx-debtors-and-unsecured-creditors/Read more]]>Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured […]
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured […]