Crime or no crime, if you make something profitable and easy to get away with, people will do it. For all we know, this was an instance of insurance fraud. I w

Crime or no crime, if you make something profitable and easy to get away with, people will do it. For all we know, this was an instance of insurance fraud. I wouldn't touch insuring Bitcoin hot wallets with a twelve foot pole. Cold storage, maybe, but only if I had my experts set it all up and maintained control over all private keys.