BitGrail founder ordered to repay funds stolen in exchange hack

Italian bankruptcy court has ordered Francisco Firano, owner of cryptocurrency exchange BitGrail, to repay losses sustained by investors in a 2018 hack. The BitGrail Victims Group has published scans of the ruling on Medium alongside an explanation of the court findings. Back in February of 2018, Firano announced that Nano tokens valued at $170 million had […]
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Jan 31, 2019, 11:00PM UTC

$170 million 'lost' on Italian crypto exchange results in lawsuit

Government shutdown or not, plaintiffs’ lawyers haven’t stopped filing new crypto lawsuits. This week we look at three new complaints, one involving lost crypto and a demand for a fork (the software kind), another that says that pre-sold mining hardware contracts were actually securities, and last but not least artificial intelligence on the blockchain (but […]
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Jan 13, 2019, 2:00PM UTC