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Italy: Law Firm Files Bankruptcy Petition Against Hacked Crypto Exchange BitGrail

Published 04/28/2018, 10:54 AM
Updated 04/28/2018, 12:32 PM
Italy: Law Firm Files Bankruptcy Petition Against Hacked Crypto Exchange BitGrail

BonelliErede, the Italian law firm representing victims of the BitGrail crypto exchange hack, has filed a petition with an Italian court to declare the exchange bankrupt under article 6 of Italian Bankruptcy Law, a BonelliErede representative announced on reddit Friday, April 27.

The move represents the latest development in a war of words and lawyers that has exploded between BitGrail’s owner, Francesco “The Bomber” Firano, and the Nano Foundation, since the exchange reported the loss of 17 mln Nano (XRB) tokens (worth around $187 mln at the time it was reported, and $124 mln at press time). In an interview with CT, Firano claimed the theft dates to Jan. 19, but it was first reported Feb. 8, 2018.

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