🚨 Crypto billionaire Sam Bankman-Fried has filed a lawsuit against insurance provider CNA for allegedly failing to pay legal costs related to his defense against fraud charges.

🔹 Bankman-Fried did not accept the fraud charges brought by US prosecutors in the case that started on Tuesday.

🔹 It was stated that CNA was accused of not paying Bankman-Fried's demands on time.

🔹 Bankman-Fried's CNA policy has a liability limit of $5 million.

🔹 Litigation costs have been increasing for Bankman-Fried since FTX declared bankruptcy in November 2022.

🤔 What do you think about this issue? We are waiting your comments! 👇