Italian Court Orders Bitgrail Founder to Refund $170M of ‘Missing’ Cryptocurrency

An Italian court has ruled that Francesco Firano, founder of defunct cryptocurrency exchange Bitgrail, was at fault for the disappearance of $170 million worth of the nano digital currency on his exchange last year. Firano, who called himself “The Bomber,” is now “required to return as much of the assets to his customers as possible.

Also read: Just Because Cryptocurrency Isn’t Legal Tender Doesn’t Make it Illegal

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