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

  1. 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.

  2. 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.