Pay My Legal Bills Before Anyone Else, Sam Bankman-Fried Tells FTX | CoinMarketCap

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Pay My Legal Bills Before Anyone Else, Sam Bankman-Fried Tells FTX | CoinMarketCap
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cryptonews: Sam Bankman-Fried would like 3FTX's new management to make paying his legal bills a priority — and put him on top of the payout list.🧐

Sam Bankman-Fried would like FTX's new management to make paying his legal bills a priority — and put him on top of the payout list.

These cover legal expenses not indemnified by the company for "all loss … which the insured persons become legally obligated to pay on account of any claim first made against them … for a wrongful act," the filing said. "The D&O Policies contractually require the company and its subsidiaries to indemnify and advance expenses to the individual insureds."

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