BitGrail Cryptocurrency Exchange Hacked, $170 Million in Nano Allegedly Stolen – Bitcoinist.com

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We now have sufficient reason to believe that Firano has been misleading the Nano Core Team and the community regarding the solvency of the BitGrail exchange for a significant period of time.

Firano has since taken to social media to attack the Nano Core team, and continue the narrative of the assets being stolen rather than the exchange proving to be insolvent.

Market Effects

Nano price chart - CoinMarketCap

Once the news broke about the hack and issues of insolvency, the price of Nano dropped from $11.78 to $9.12 and has been on a general downtrend. The price of Nano may continue to drop as the investigation into the situation involving the missing asset continues.

Do you think BitGrail was hacked, or do you think that the exchange has been insolvent for months – let us know in the comments below!


Image courtesy of Flickr/@slgckgc, Flickr/@Thomas, and CoinMarketCap

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