Italian crypto exchange BitGrail just announced on it's website that it has lost $170 million in fraudulent transactions. All withdraws and deposits have been suspended on the exchange. At this time there is no way to refund users at 100%.... founder, Francesco Firano, says there is "unfortunately no way to give back to you at 100% (we only got 4 MLN XRN right now"
Source: Tweak Town
Like always, the lesson is to never leave large sums of money on exchanges.
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exactly!
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Lesson learnt.
Never store fund in exchanges.
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totally agree
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it seems to me somebody made very good business out of hacking exchanges lol
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isn't that the truth!!
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New to cryptocurrencies. Good to know not to leave on exchanges. Happy I didn't learn the hard way.
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