In fact, the Nano team did not think the burglary was caused by the Nano deal, pointing out that the problem was a software hole in the BitGrail exchange that even made a public chat with Firano's chat history, saying he had hinted at altering his accounts to cover the loss In a recent statement, the team stated that 'Mr. Filano has long misled the Nano team and industry over BitGrail's solvency,' Filano himself said in response to the allegations as 'unfounded'.
In January, Japan's hugely encrypted currency worth 400 million U.S. dollars was stolen from Japan's Coincheck cryptocurrency exchange, but unlike BitGrail, Coincheck promised compensation for user losses.