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Italian cryptocurrency exchange BitGrail loses $170M

Ho-hum, another day, another massive cryptocurrency cyber theft...

"BitGrail announced on its website that it lost $170 million to fraudulent transactions and that it has already reported them to authorities. It has suspended all withdrawals and deposits "in order to conduct further verifications." BitGrail founder Francesco "The Bomber" Firano announced on Twitter that there's no way to refund 100 percent of what users lost."

https://www.engadget.com/2018/02/10/bitg…