Burt

Burt v. Travelers Commercial Insurance Company

Good Law
United States District Court, Northern District of CaliforniaAugust 16, 20223:22-cv-03157California2,502 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 HEIDI BURT, et al., Case No. 22-cv-03157-JSC

Plaintiffs,

ORDER RE: MOTION TO DISMISS

v. 9 Re: Dkt. No. 13 TRAVELERS COMMERCIAL

INSURANCE COMPANY,

11 Defendant.

12 Plaintiffs filed this insurance dispute in Contra Costa County Superior Court. (Dkt. No. 1 at 4–13.) Defendant removed to federal court and moves to dismiss. (Dkt. No. 13.) After carefully considering the parties’ briefing, and having had the benefit of oral argument on August 16, 2022, the Court GRANTS the motion. COMPLAINT ALLEGATIONS Plaintiffs are siblings who inherited digital property valued at $339,000 from their father, Harry Burt. In April 2020, Mr. Burt opened a Coinbase account and started buying digital property, including Bitcoin, Ethereum, Chainlink, and Yearn Finance. Mr. Burt died in November 2020 and left his entire estate to his two children, Plaintiffs. In April 2021, hackers took control of Mr. Burt’s email address and Coinbase account. Within 24 hours,…

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