( October 25, 2024, 1:54 PM EDT) -- RICHMOND, Va. — The Fourth Circuit U.S. Court of Appeals on Oct. 24 affirmed a lower federal court’s dismissal of an insured’s breach of contract lawsuit seeking homeowners insurance coverage for his alleged $170,000 cryptocurrency loss, agreeing with the lower court that the insured’s loss of cryptocurrency is not a “direct physical loss” to trigger policy coverage....