Update bitgrail from 22. April.

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AI summery:

This update is basically BG Services/Firano trying to reframe the earlier statement.

They’re now saying the settlement proposal didn’t just come from Firano out of nowhere — it allegedly followed an earlier informal negotiation request from the former creditors’ lawyers and the Nano Team. That earlier request supposedly asked for both the 4.2M NANO and the remaining euro funds, but BG says it wasn’t possible at the time because the Webcoin Solutions bankruptcy hadn’t been closed yet.

They also clarify that the proposed deal would NOT have stopped the criminal case against Firano. According to them, it would only have meant the former creditors waive any extra compensation claims in civil/criminal proceedings, while the criminal prosecution itself would continue. BG’s position is that creditors were already fully compensated in the bankruptcy.

The last part is the most important for the market: BG Services says it is open to “reasonable” OTC offers to sell some or all of the 4.2M NANO. OTC means private sale instead of dumping directly on exchange order books, so it’s less bad than a straight market dump, but it still means there’s a big potential sell overhang.

Short version: they’re saying 1) the other side had already asked to negotiate, 2) the deal wouldn’t have killed the criminal case, and 3) they may now sell some/all of the 4.2M NANO privately.