Topic: Wow NANO Developers Get Hit With LAWSUIT Claiming They Profited Off of Hack! (Read 125 times)
April 10, 2018, 05:37:48 AM
As they said, "The NANO team refused to oblige to the exchange owner’s hard-fork request. This led to the ensuing standoff between the two parties in which each blamed the other’s negligence/competence for the loss of the NANO tokens." i don't know, things are weird for me in case of this coin.
April 10, 2018, 03:38:21 AM
I thought NANO was a pretty strong and legit project.
The story in the link is actually a bit confusing. Bitgrail exchange was hacked and people lost a lot of their NANO (worth $150 million). The owner of the exchange asked the NANO team to invoke a hard fork to solve the problem. They refused to do that and now some company is suing them for being irresponsible and not managing to keep the funds of their users safe, right?
Why is nobody suing Bitgrail?
NANO team is surely responsible for the losses of users, but the hack being profitable to them is just unconfirmed info, so they are worth giving the benefit of the doubt.
I wonder why Vitalik got over with the terrible Parity bug without initiating forks or compensating people...
The story in the link is actually a bit confusing. Bitgrail exchange was hacked and people lost a lot of their NANO (worth $150 million). The owner of the exchange asked the NANO team to invoke a hard fork to solve the problem. They refused to do that and now some company is suing them for being irresponsible and not managing to keep the funds of their users safe, right?
Why is nobody suing Bitgrail?
NANO team is surely responsible for the losses of users, but the hack being profitable to them is just unconfirmed info, so they are worth giving the benefit of the doubt.
I wonder why Vitalik got over with the terrible Parity bug without initiating forks or compensating people...
April 10, 2018, 03:27:48 AM
I was also surprised seeing this. A very interesting news it is and maybe this will have remarkable effect on bitcoin.
April 08, 2018, 08:56:05 PM
Lots of drama behind this coin. It was crazy to see its rise over the past few months, only to tumble afterwards to its current price point. That being said, I don't know if this lawsuit will amount to anything, was it not the exchanges security fault for the hack? While the Nano team did direct investors to that exchange, ultimately are they also responsible for the exchange itself? Seems weird to me.
April 08, 2018, 07:53:11 PM
Pretty interesting saga. Guess that helps explain why Nano is gradually descending down the ranks of the coinmarketcap elite.
April 08, 2018, 05:37:34 AM
When I saw this story, I couldn't even believe it but everything checks out from the sources that they provide...It's definitely real. I'm just shocked and stunned man. Absolutely unbelievable.
Wow.
https://cryptoslate.com/nano-lawsuit/
Wow.
https://cryptoslate.com/nano-lawsuit/
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