Sam Bankman-Fried Sues His Insurer as Authorized Payments Mount and Fraud Trial Begins

CNA, also referred to as the Continental Casualty Firm, has “unjustifiably did not make well timed cost on Mr. Bankman-Fried’s claims as required by the Coverage,” mentioned the submitting, including that these alleged breaches “have precipitated, and threaten to trigger, substantial and irreparable hurt to Mr. Bankman-Fried for which there isn’t a satisfactory treatment at legislation.”