Owner of Hacked Crypto Exchange BitGrail Sentenced to Return Funds to Customers

Francesco Firano, the owner and founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as much of the assets to his customers as possible. Scans of the court decision were released by the Bit Grail Victims Group (BGVG) on Medium on Jan. 28.

The Italian Bankruptcy Court published the sentence on Jan. 21. A post by the BGVG published the same day as the court sentence explains that “the court concluded that both Bitgrail and Mr. Firano, personally, be declared bankrupt, authorizing seizures of many of Mr. Firano’s personal assets.”

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