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Report: Korean Insurer Denies Claim from Bankrupt Crypto Exchange

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Report: Korean Insurer Denies Claim from Bankrupt Crypto Exchange

Report: Korean Insurer Denies Claim from Bankrupt Crypto Exchange South Korean cryptocurrency exchange Youbit has reportedly had its insurance claim denied months after it closed following a debilitating hack. In December, Youbit declared bankruptcy after suffering twin hacks over the course of 2017, including one that officials suspected at the time could be traced to North…

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