ROME (Reuters) – Italian police said on Monday a man who ran a cryptocurrency exchange that was declared bankrupt last year is suspected of being responsible for a series of hacks that caused losses of 120 million euros ($146 million).
More than 230,000 people were defrauded by the cyber-theft of a cryptocurrency called Nano which was held by the company BitGrail, the postal police said in a statement.
It is the biggest cyber-financial attack in Italy and one of the biggest in the world, the police said.
For the first time in Italy and in Europe, we have documented fraudulent and rapacious conduct to the detriment of investors carried out entirely on IT platforms and via the use of virtual currencies.
Police said th…
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