BitGrail Owner Ordered to Pay Back Customers

BitGrail Owner Ordered to Pay Back Customers

The Italian court has ordered the BitGrail cryptocurrency exchange to repay back to its customers due to the loss occurred in January 2018, about 17 million NANO tokens called RailBlocks worth up to $595 million were found to be inaccessible to users. Victims’ Group has called the ruling a huge win for crypto users and a cautionary tale for crypto-exchange owners.

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