THE BITGRAIL EXCHANGE RULING: A WIN FOR CRYPTOCURRENCY EXCHANGE USERS

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THE BITGRAIL EXCHANGE RULING: A WIN FOR CRYPTOCURRENCY EXCHANGE USERS Anonymous Tue Jan 29 00:02:16 2019 No.12586020 [Reply] [Original]

Well, I guess we can't fud NANO anymore. Who else is thinking of buying in?

https://medium.com/@bitgrailvictims/the-bitgrail-exchange-ruling-a-win-for-cryptocurrency-exchange-users-50df6c383571

Anonymous Tue Jan 29 00:06:23 2019 No.12586052

As for the mechanics of the loss, the Court concluded that the exchange had failed to implement any meaningful safeguards to ensure the “idempotency” of NANO withdrawals from the Bitgrail exchange. An idempotent action is an operation that may only be performed once and if performed again will yield the same result.
The failure of Bitgrail to implement idempotent NANO withdrawals permitted users to request a withdrawal using the BitGrail software and under certain circumstances receive the requested amount more than once

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