BitGrail has announced that bitcoins stored in the firm’s wallets have been seized from its Italian exchange by authorities, reports CoinTelegraph.
The Tribunal of Florence court order to seize the funds is part of an ongoing saga in the Italian courts which began when a US class action was filed against the company in order to compensate victims for the loss of 17 million XRB (Nano) tokens, thought to have been stolen in January of this year. They were worth about USD 187 million at the time the theft was reported.
Read the full article at https://bitcoinnews.com/italian-bitcoin-wallets-seized-in-continuing-bitgrail-nano-saga/