Real insurance is rife with similar fraud...up to murder and or false death.
I'm hoping a lot of any funds earned will go to investigation team, operations and ROI.
You are right, IMO some sites may pretended to be hacked and ask compensation, OP how do u think?
Inchain will not insure user's account on the services that have no enough risk rating. And firstly, Inchain will be very conservative when will decide to include exchanges in the insurance portfolio.