In February of last year, the Bitgrail cryptocurrency exchange suddenly reported that about $187 million worth of Nano the exchange was holding for investors magically disappeared. The supposed hack that the exchange’s owner, Francesco Firano, said had taken place could never be verified and the embattled entrepreneur is now going to pay the price. An Italian court has ordered that Firano make restitution of $170 million to investors.

Firano has been locked in a battle with the Nano development team over who was responsible for allowing the hack to happen. That dispute now becomes irrelevant, as the courts are going to hold Firano personally responsible. He has already been forced to turn over a lot of assets, including $1 million in cash and vehicles.

The Nano developers had previously argued that a security flaw in the BitGrail exchange software allowed the “hack” to occur and Firano was also singled out for keeping all of the investment funds in a hot wallets.

The court said in its ruling, “[It] was the Bitgrail exchange that actually requested to the node multiple times to allow the funds to leave the wallet (funds that in fact, had already left the account after the first request) and not the Nano network that allowed multiple withdrawals. The shortfall reported by Firano in February was caused by a transfer request generated by Bitgrail multiple times upon receiving a single request from the user.”

The February 2018 hack was not the first seen by the exchange nor by Firano. He was at the helm when BitGrail was hacked two times in 2017, resulting in the loss of 10 million Nano – approximately $130 million at the time.

Firano’s troubles don’t end with the Italian court decision. He is still the subject of two lawsuits, along with the Nano development team, that have been filed in the U.S.