"You say the fact that it was stolen is irrelevant. Lets say someone ram raids the office, holds a gun to the CEOs head and demands the keys to the bitcoin. Do you think that he should be personally liable in that situation?"
Well, that all depends on what sort of agreement I had with the institution in question. This is precisely the sort of thing that insurance is supposed to fix. If the owners failed to get insurance to cover whatever agreement they went in to, then yes, they should be held fully liable for the losses.
Well, that all depends on what sort of agreement I had with the institution in question. This is precisely the sort of thing that insurance is supposed to fix. If the owners failed to get insurance to cover whatever agreement they went in to, then yes, they should be held fully liable for the losses.