In today’s Bitcoin in Brief – crypto traders are in trouble due to issues with the trading platforms they have trusted. Hacked Italian Bitgrail exchange is closed again after a brief reopening. It suspended operations on request from the court of Florence, following a petition filed on behalf of one of its creditors. Also, beleaguered Romanian Btcxchange has shut down after multiple setbacks. A local bank recently closed its account.
Also read: Bitcoin in Brief Wednesday: Hacker Gets Trolled, Vertcoin Gets Hacked
Bitgrail Reopened, then Closed Again
Bitgrail, the Italian crypto exchange which suspended operations after losing 17 million XRB in a presumed hack this year, has briefly reopened and closed again. On May 1 the trading platform announced it will commence operations on the following day, May 2, 2018, with trading and withdrawals available for all supported coins, except Nano (XRB). Bitgrail also promised to restore the Nano market for users at a date to be announced shortly. “Our team is working hard on verifying all users who have submitted the documents in an expedited manner,” the statement read.
The reopening, however, did not last long. Yesterday, the exchange announced it was suspending operations again after receiving a notice from the court of Florence. The court asked for the immediate closure of Bitgrail following a “precautionary suspension request” by lawyers representing one of the 3,000 users who suffered losses in the hack. Last week, the law firm Bonelli Erede filed a petition on behalf of the creditor asking the court to declare the entities operating the exchange bankrupt. These are Webcoin Solutions di Francesco Firano and BG Services, formerly Bitgrail S.r.l.
In February, Bitgrail’s owner, Francesco Firano, announced “that internal checks revealed unauthorized transactions which
