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Binance’s $6.3 billion heist brings tougher insurer scrutiny to crypto

Binance’s $6.3 billion heist brings tougher insurer scrutiny to crypto

A $6.3 billion theft tied to Binance is prompting insurers to reassess coverage for the fast-growing, more than $2.5 trillion crypto sector. The incident underscores limits in existing policies and is expected to lead to tighter terms and greater due diligence.

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Binance $6.3 billion heist to prompt closer scrutiny by insurers

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