Delaware bankruptcy judge John Dorsey will consider a motion by FTX founder Sam Bankman-Fried (SBF) to use $10 million worth of FTX insurance to defend his legal defense at a Wednesday hearing, The Block reported. Funding, the policy is designed to protect the company's directors and officers in the event of litigation. Lawyers for SBF stated that although SBF has been charged with crimes, he has not been proven guilty and therefore SBF should be presumed innocent and should be granted insurance to strengthen his defense in court.