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ID:

bitgrail-railblocks-785

Date:

Status:

Incident Count:

February 12, 2018

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

170,000,000

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Recovered:

-

Rewards:

Currency:

USD, XRB

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Exchange

Assets

Insider Theft

Extended Method:

Insider theft

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Days in Operation:

0

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The obscure Italian coin exchange BitGrail looks to be the latest cryptocurrency cautionary tale. On Friday, the site posted a notice to users informing them that hackers had made off with 17 million units of Nano (XRB), the coin formerly known as RaiBlocks. BitGrail claims that $195 million of customers have stolen cryptocurrencies in Nano (XRB). In 12/21/20202, the man who ran the now-bankrupt BitGrail exchange may have been behind a series of hacks that stole €120 million ($146.55 million) in cryptocurrency from his own platform, Italian police claimed Monday.

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