BitGrail cryptocurrency exchange has announced they have been hacked and froze withdrawals.
They officially announced their insolvency on February 8th, 2018.
BitGrail reportedly lost 17,000,000 XRB in the ‘unauthorized transfer loss’ aka hack.
Bitgrail S.r.l informs its users that unauthorized transactions have emerged from internal checks of the adequacy of the withdrawal operations that led to a shortfall of n. 17 Mln di Nano c.a. part of the portfolios managed by Bitgrail S.r.l.
For the fraudulent activity referred to above, today’s regular complaint complaint was filed with the competent police authorities and police investigations are underway.
Please note that the other currencies deposited have not been affected by unauthorized withdrawals.
To carry out further checks on what happened, as a precautionary measure and to protect users, all the functionalities of the site, including withdrawals and deposits, will be temporarily suspended.
We extend our sincerest apologies to our customers and to all those involved in the illegal transfer of Nano on our platform.
Further press releases will follow shortly.
Thanks for the attention.
Author: Richard Abermann