Home / Bitcoin Exchange / Korean Insurer Denies Claim from Bankrupt Cryptocurrency Exchange Youbit: WSJ

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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