Hackers stole cryptocurrency but the insurance company did not have to pay
internetcases » cases 2023-07-25
Summary:
Insurance and loss Plaintiffs had a homeowners insurance policy with defendant insurance company. The policy covered personal property owned or used by the plaintiffs with a maximum limit of $359,500 for direct physical loss due to certain perils, including theft. In June 2021, hackers accessed plaintiffs’ computer and stole crypto tokens from their crypto wallets…
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