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Bitpay, Inc. v. Massachusetts Bay Insurance Company
Case Number:
1:15-cv-03238
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March 18, 2016
Insurer Can't Split Bitcoin Processor's Coverage Suit Claims
A Georgia federal judge on Thursday decided to keep together the breach of contract and bad faith claims bitcoin processor BitPay Inc. leveled against Massachusetts Bay Insurance Co. in a dispute over coverage of $1.85 million BitPay lost in a phishing attack, finding it would conserve judicial resources.
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December 08, 2015
Insurer Seeks To Split Off Bitcoin Service's Bad Faith Claim
Massachusetts Bay Insurance Co. reasserted its call Tuesday for a Georgia federal court to break off bitcoin processor BitPay Inc.'s bad faith claim in a suit accusing the insurer of breaching a commercial crime policy by refusing to cover $1.85 million of the digital currency BitPay lost in a phishing attack.
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September 16, 2015
Duped Bitcoin Processor Sues For Coverage Of Phishing Loss
Bitcoin processor BitPay Inc. accused Massachusetts Bay Insurance Co. in Georgia federal court on Tuesday of breaching the terms of a commercial crime policy by refusing to compensate it for $1.85 million worth of the digital currency that BitPay lost when an executive fell for a phishing attack.