Re: What would cause a bad crank bearing?
Dirt, heat or wear. There are other more elaborate ways, but these would be biggies.
Engine was run very hot and the weakest bearing gave way and suffered the most. Cheap oil was used and not the more expensive, higher-end stuff (maybe in conjunction with running hot).
All out wear and tear from hours and a history of someone running it hot, using cheap oil, etc.
One or a combo of all these is most likely.
"everything has been rebuilt" ? Are you eluding to an entire engine rebuild which replaces all the moving parts?