Kakao Executive Sues Blockchain Arm GroundX for $7.6M Crypto Wallet Hack

Kakao Executive Sues Blockchain Arm GroundX for $7.6M Following Crypto Wallet Hack A senior executive at Kakao, one of South Korea’s largest internet conglomerates, has filed a lawsuit against the company’s blockchain subsidiary, GroundX, for approximately KRW 10 billion ($7.6 million) after a crypto hack targeted the executive’s Klip wallet. The Klip wallet, which is