Published On: Tue, Apr 10th, 2018

Nano to Match $1M in Legal Fund Donations to Support BitGrail Hack Victims

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The battle over who was at fault when millions of nano (XRB) vanished from an Italian cryptocurrency exchange earlier this year rages on. In the latest twist to the story, the Nano Foundation is launching a legal fund to support the victims and says it will match up to $1 million in donations.Stepping back, in February 2018, 17 million XRB, worth $170 million at the time, went missing from BitGrail, rendering the exchange insolvent. Accusations and speculation followed. BitGrail owner Francesco Firano (better known by his pseudonym “the Bomber” on social media) insisted the problem stemmed from a bug in Nano, …

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