November 07, 2023
Days after being convicted of defrauding customers of billions of dollars, FTX founder Sam Bankman-Fried told a California federal court that he was dropping his suit against his excess insurer.
October 16, 2023
As the fraud trial against FTX founder Sam Bankman-Fried intensified this week, a fight over insurance coverage for rapidly mounting legal costs could shape the course of the litigation and future actions against the defunct cryptocurrency exchange's former leaders.
October 11, 2023
The former chief regulatory officer and general counsel for FTX asked to join a California federal lawsuit over coverage for Sam Bankman-Fried under a management liability policy, saying Bankman-Fried already has collected millions from an insurance tower while he has unfairly received nothing.
October 03, 2023
A day before his fraud trial began Tuesday in New York federal court, FTX founder Sam Bankman-Fried filed suit against his excess insurer Continental Casualty Co., claiming that the firm has improperly refused to cover his defense costs.