On February 8 2018, 15 million Raiblocks, the former native currency of the Nano network, were stolen from Italian cryptocurrency exchange BitGrail. In order to provide insights into alleged security breach and the theft of more than $150 million USD worth of XRB, Cointelegraph conducted an exclusive interview with Francesco Firano, the founder and operator of BitGrail.
This time, Cointelegraph reached out to the Nano team and conducted an interview with the Nano core team’s Troy Retzer, who oversees community & public relations at the organization, to better understand the large-scale theft.
100% Bitgrail, Francesco Firano has acted negligently even assuming what he says is true, which there is a lot of evidence pointing to the contrary. His attempt to blackmail the Nano Development team in the released chatlog was shocking by itself, however the concept of trying to fork the Chain from three months earlier just shows how little he understands the industry he is in.
Now that he is insolvent, instead of protecting investor funds he continues to attempt to operate an insolvent exchange and not be responsible for the lost assets he was entrusted with. Wow...
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