170 million dollars in cryptocurrencies missing from the BitGrail platform

BitGrail, an Italian cryptocurrency exchange platform, announced the theft, through fraudulent activities, of Nano cryptocurrencies (XRB) with a market value of about $170 million.

All bank movements have been suspended while the investigation of the case continues from the competent authorities, but the founder of BitGrail has already announced that there will be no way to reimburse affected users for the entire amount stolen.

No detailed technical information about the theft has been provided publicly.