Korean Insurer Denies Claim from Bankrupt Cryptocurrency Exchange Youbit: WSJ


One of South Korea’s largest insurance companies has denied a claim from cryptocurrency exchange Youbit in the wake of a December cyberattack that bankrupted the firm’s parent company. The Wall Street Journal reports that DB Insurance denied a $2.8 million claim from Yapian Corp. — Youbit’s parent company — in early February. Yapian had taken

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Posted by Josiah Wilmoth on March 30, 2018 @ https://www.ccn.com/korea-cryptocurrency-exchange-claim-denied/

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