Insurer Settles $36M Crypto Theft Coverage Suit

By Emily Enfinger · July 14, 2023, 2:01 PM EDT

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...

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Documents

Case Information

Case Title

Wesco Insurance Company v. IRA Financial Group, LLC et al

Case Number

1:22-cv-23507

Court

Florida Southern

Nature of Suit

Insurance

Date Filed

October 27, 2022