Foley Hoag LLP - Security, Privacy and the Law (JD Supra South Korea)
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South Korean Cryptocurrency Exchange Hacked (Again)
As part of our Year in Preview series, we’ve recently covered both international cyberwar and the rise of cryptocurrency. Just before the holidays, both of these topics collided in a decidedly unpleasant manner. On December 19, the South Korean cryptocurrency exchange Youbit filed for bankruptcy, disclosing that it had just suffered a hack that made off with about one fifth of the bitcoins...
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