Tagged: xrb

Bitgrail Operator Either Involved in Huge Crypto Theft or “Knowingly Failed to Prevent” – Report

A Blast from the Past. Bitgrail, a bankrupt crypto exchange that previously operated in Italy, has surfaced in the media once again. Back in 2018 news emerged of a significant crypto theft of around $150 million in Nano (XRB). At that time a post on… Read More

BitGrail Exchange Operator Who Lost $170 Million in Crypto Ordered to Return Lost Funds to Investors

An Italian court has ordered the owner of the BitGrail cryptocurrency exchange, Francesco Firano, to declare bankruptcy and forfeit assets so they can be used to reimburse investors harmed when Firano “lost” 17 million Nano tokens (worth $170 million), a post by affected investors claims…. Read More

NANO and BitGrail Hit by Another Class Action Lawsuit Related to Crypto Theft that Allegedly Saw $153 Million Disappear

Happy New Year. Filed on January 3rd, the busy law firm of Levi & Korsinsky filed a class action lawsuit against Nano cryptocurrency and failed crypto exchange Bitgrail along with its founder Francisco “the Bomber” Firano. The lawsuit was filed on behalf of plaintiff James… Read More

Bitgrail Posts Update on Cryptocurrency Theft, CEO Proposes NANO Fork Fix as Accusations Fly

BitGrail, the Italy-based cryptocurrency exchange that experienced a theft of 17 million NANO (XRB) – about $153 million at current exchange rates, has posted an update today regarding the hack. The good news for users of the exchange is Bitgrail states all other cryptocurrencies reman… Read More

Bitgrail Exchange Hacked. $153 Million of Nano Stolen. Users are Really Pissed Off [u]

Bitgrail is the next cryptocurrency exchange to experience an unfortunate hack – an event that highlights profound problems within the exchange space as cyber security continues to fall short. According to a post on the Bitgrail website, the company said internal checks revealed “unauthorized transactions which… Read More

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