IRA Sues Gemini Crypto Exchange for Late Action in $36 Million Hack Attack

In its lawsuit, IRA Financial — the manager of non-traditional retirement accounts, has alleged that Gemini failed to freeze accounts soon enough, that could have saved the outflow of the assets to the hacker(s). The hack on IRA that happened in February this year, cost the company $36 million (roughly Rs. 280 crore) in BTC and ETH. IRA Financial aims to use the pro...