News Desk
•62% Informative
Former FTX CEO Sam Bankman-Fried seeks insurance coverage for legal expenses.
His lawyers filed the motion on March 15, seeking financial assistance in what experts believe will be nine-figure territory.
FTX’s legal representative has formally asked insurance providers to either provide upfront financial assistance or reimburse him.
FTF had paid more than $34.18 million in various legal fees in January.
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