Italian Court Rules Bankrupt Crypto Exchange BitGrail must stay closed.
Italian cryptocurrency exchange BitGrail won't be reopening anytime soon,despite its wishes to the contrary.
Last thursday,on may 17,the court of florence fully upheld a preliminary order barring the exchange - which is currently undergoing bankruptcy proceedings-from resuming operations and ones again offering trading to customers.
The precautionary measure was originally proposed by legal firm BonelliErede,which issued a statement announcement that the order had been upheld.The firm says that it is assisting more than 3,000 bitGrail users who are attempting to recover funds from the exchange,while once operated the largest trading marked for nano(XRB).