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Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

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 unsecure...
PolicyLegalFTXBankruptcy
Mar, 30, 2023
2 min read
by Bitcoin News
FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, million...
TradingBusinessFinanceFTX
Mar, 29, 2023
2 min read
by Bitcoin News