/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 …

Source: Korean Insurer Denies Claim from Bankrupt Cryptocurrency Exchange Youbit: WSJ