Wesco Insurance Company v. IRA Financial Group, LLC et al
Case Number:
1:22-cv-23507
Court:
Nature of Suit:
Judge:
Firms
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July 14, 2023
Insurer Settles $36M Crypto Theft Coverage Suit
Wesco Insurance Co. has reached a settlement in its coverage lawsuit against IRA Financial Trust relating to a cyberattack that involved at least $36 million in stolen crypto assets, the companies told a Florida federal court.
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October 28, 2022
Insurer Says No Coverage For Claims Over $36M Crypto Theft
Wesco Insurance Co. has filed suit against IRA Financial Trust, seeking a declaration that it doesn't have to cover various claims filed against the self-directed retirement and pension account provider relating to a cyberattack that involved at least $36 million in stolen crypto assets.