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Hackers Snagged $36 Million in Crypto in Breach of IRA Financial

  • Bitcoin and Ethereum snatched from IRA users on Feb. 8
  • Company has launched investigation, contacted law enforcement
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A hack at IRA Financial Trust, which offers self-directed retirement accounts, resulted in the theft of $36 million in cryptocurrency, according to a person familiar with the investigation. 

In a statement, IRA Financial Trust said on Feb. 8 it discovered “suspicious activity that has affected a limited subset of our customers with accounts on the Gemini cryptocurrency exchange. Upon discovery, we immediately launched an investigation and contacted state and federal law enforcement.”