The Italian cryptocurrency exchange BitGrail will not be able to open in the near future, despite the attempts made by its founder, CCN reports.
Court in Florence upheld a preliminary decision to restrict the activities of the exchange, which is currently undergoing bankruptcy proceedings, preventing it from restarting the auction.
The preliminary decision was made at the request of the law firm BonelliErede, acting on behalf of more than 3,000 BitGrail customers, who are still trying to recover the stolen funds from the site. In February, BitGrail reported that it lost about $ 170 million in the Nano crypto currency.
BitGrail operator Francesco Firano blames crypto currency developers who allegedly left a vulnerability in their protocol, which allowed an attacker to withdraw funds from his exchange.
The Nano Foundation in turn stated that they have "reliable evidence" that the hacking was possible because of the bug in the software of the exchange, rather than their cryptocurrency. The organization also created a foundation to help victims of the attack recover the stolen funds.
Firano tried again to launch his exchange on May 2, but was forced to close the site only 3 hours after the opening, because he received the appropriate order of the court.
According to BonelliErede, the court also decided to confiscate the remaining assets of the exchange and appoint a special administration to manage them.