Nano Foundation announced the creation of a fund for victims of the attack on the BitGrail exchange
The Nano Foundation announced the creation of a fund, the money from which will be used to ensure that every victim of the BitGrail hack has an equal opportunity to defend their interests in court. This was posted on the company’s blog.
In February, the Italian exchange BitGrail was hacked and lost most of the Nano tokens on its wallets. The trading platform said that as a result of the hacker attack, about 17 million Nano were stolen, which at that time was estimated at $ 187 million..
To ensure that each victim of this attack could receive the necessary legal support and have the opportunity to recover the lost funds, the Nano team at the end of February contacted the Norwegian Espen Anger, who represented the interests of almost 600 victims of the hacker attack, and discussed with him the creation of a fund. The Nano team later contacted the Italian law firm Bonelli Erede, which worked with Anger..
“So today we are announcing that Nano will duplicate all donations to the Attack Victims Fund founded by Mr. Anger – including past and future donations of up to $ 1 million – with the goal of raising $ 2 million,” writes the Nano Foundation.
According to the organization, the victims of the attack, whose interests are represented by Anger, were able to independently raise about $ 300,000 in various currencies, including 53,000 Nano. The Nano Foundation has doubled that amount to over $ 600,000 in the fund. The company says the only operation it can do with the fund is to make its own deposits..
“All the strong evidence we have reviewed continues to point to a bug in BitGrail software that caused the loss of funds,” writes the Nano Foundation..
Earlier it became known that a class action was filed against the developers of Nano in the USA.