An Italian cryptocurrency exchange called BitGrail says it was hacked and some $170 million worth of a currency called Nano is missing.
I am always skeptical of these alleged hacks that happen in exchanges. maybe because most of them were fake anyways. fake in the sense that the exchange lied and they stole the money themselves and never paid the users back. they sometimes do it because they run out of money because they make bad bets on the market and get dumped on during the market crash or something like that.
Indeed they are now stealing public money by using the name of "hackers", these statements from management of BitGrail are unjustified and are extremely poor. I wish that a proper and strict action should be taken against these criminals to avoid such frauds in future.