Bandits Rob Another Crypto Exchange $200 million was heisted from the BitGrail servers. Yikes. In the old days, they used to rob the bank stagecoach of their gold and currency. Today, the bandits hack into the crypto exchange servers and make off with the magnetic bits. Confidence in the crypto currency exchanges continues to erode with their network security systems resembling Swiss cheese. Was the BitGrail heist an inside job or did owners / developers leave the back door open accidently on purpose. Wink, wink, nudge nudge. We would not be surprised if there are port sniffing software apps designed to locate and steal crypto currencies from individual wallets as well. The crypto shi# started hitting the fan when Yahoo replaced gold with Bitcoin on their finance page. Hopefully, not too many gullibles fell into the sink hole.