Authorities in Italy have seized bitcoins from the company wallets of controversial exchange BitGrail as part of standard pre-bankruptcy proceedings. BitGrail was hacked in February 2018, with $ 170 million dollars’ worth of Nano stolen — which subsequently lead to a major price crash for the coin.
BitGrail’s blog was updated today, June 15, 2018, with the following announcement:
On June 5, 2018, pursuant to the Tribunal of Florence orders, the Bitcoins contained in the company’s wallets were seized and brought under control of the judicial authorities pending further Court decisions in the prebankruptcy proceeding.
