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 didn’t make well timed fee on Mr. Bankman-Fried’s claims as required by the Coverage,” stated the submitting, including that these alleged breaches “have prompted, and threaten to trigger, substantial and irreparable hurt to Mr. Bankman-Fried for which there isn’t any sufficient treatment at regulation.”