|
Title: [2015-11-20] Insurer Denies Fault in BitPay Security Breach Lawsuit Post by: ChrisPop on November 21, 2015, 03:00:37 PM Insurer Denies Fault in BitPay Security Breach Lawsuit
"An insurance company sued by industry startup BitPay following a claim dispute has fired back, denying the bitcoin payment processor's allegations in a new court filing." "BitPay originally filed suit against Massachusetts Bay Insurance Co (MBIC) months after it lost 5,000 BTC (then valued at roughly $1.8m) following a phishing attack. The company later alleged breach of contract and bad faith in a suit filed against MBIC." http://www.coindesk.com/insurer-lawsuit-bitpay-security-breach/ (http://www.coindesk.com/insurer-lawsuit-bitpay-security-breach/) |