the There is hope for the victims of the alleged BitGrail-Hacks. The competent Florentine court, explained to the operator of the Italian Exchange for bankruptcy and makes him for the loss of Nano-Token to the value of 170 million US dollars.

By Christopher clover
31. January 2019BTC$3.437,20 -0.70%part Facebook Twitter LinkedIn xing mail

It was a year ago almost exactly, when a serious alleged Hack in the crypto-Space caused outrage. In January, the Bitcoin exchange BitGrail for users no withdrawals. The stock exchange argued that 17 million units of the crypto-currency Nano (at the time RaiBlock) have disappeared. Officially BitGrail expressed in February to the lost Funds.

The Bitcoin-exchange submitted to the bruised investors, then the offer of partial compensation, if they waive the right to return of a legal action against the Bitcoin exchange. The victim accepted the offer of the exchange, on the contrary, 3,000 of them suit together formed a collective. This had sealed the decision of a Court will result in the permanent closure of BitGrail in may 2018.

Firano just need to

Already at the time the allegations were directed against the stock exchange operator Francesco Firano. Because research had shown that this had already currencies much earlier than originally thought of the stolen Crypto knowledge.

A judgment of the competent Florentine court has reiterated these allegations now. So, it could be demonstrated that the relevant funds had already been between July and December 2017, of the Bitcoin-exchange-will be deducted. Firano is applied to the load, that he had increased by his passivity for the resulting damage. Because of the NANO price was in February 2018, the month of the announcement of the Hacks, 100 Times more than in July 2017.

Firano first tried to direct the blame on the Nano Foundation. Finally, the possibility that the Token came at the time due to a Bug in Nano (and RaiBlock) Protocol is missing.

The Florentine court has now decided that the fault is alone looking at Firano. Because of this have have to guarantee as the exchange operators for the proper Functioning of the Software.

„Because crypto currencies tradable assets, goods, after the Transfer of the crypto-currencies of the user to the main address of BitGrail [….] no information on their owners available. This means that it was the Deposit of an irregular Deposit, and that the Trustee was obliged to provide to the holders of the whole of the originally deposited amount with 100% Barquote.“

the court Also explained BitGrail and Firano officially bankrupt and ordered the confiscation of his property. So far, the authorities Firanos car, and other possessions in the total seized value of over a Million dollars. Next, crypto-currencies are still on the Wallets of the stock exchange will be transferred to an escrow account.

the victims of The (alleged) BitGrail Hacks can expect to be at least partially compensated. 21. May is the next hearing – this time in front of the bankruptcy judge.