Insurers Avoid FTX-Linked Crypto Firms As Contagion Risk Rises
Dec 19 (Reuters) – Insurers are denying or limiting coverage for customers exposed to bankrupt crypto exchange FTX, leaving traders and digital currency exchanges uninsured against losses from hacking, theft or lawsuits, said several market participants. Insurers were already reluctant to underwrite asset and directors and officers (D&O) protection policies for crypto companies due to …
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