Xapo and Indodax Slapped with Lawsuit After 500 Stolen BTC Tracked to Exchanges
Reports have emerged that crypto firms Xapo and Indodax are facing a lawsuit in a District Court in Northern California filed on 1st June. The plaintiff Dennis Nowak, who is of German descent and his attorney David Silver, has lodged a lawsuit against the two companies for harboring his stolen crypto funds. The suit alleges that they helped a cyber-criminal group rob the plaintiff of his 500 BTC, which was approximately $2,300,000 at the time.
