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In 50 Words: Malaysian court orders Luno to repay US$128k after client hack
Crypto exchange Luno has been ordered by a Malaysian court to replace US$128,000 worth of digital assets that were stolen from a client’s wallet. The ruling has stirred questions about the industry’s security standards.
The court has not yet released a written explanation for its ruling, but experts say it has implications for the wider financial sector.
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