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RE: Legal responsibility for the Bitfinex theft (aka "Bitfinexit")

in #theft8 years ago

Bitfinex

Well, here's where it gets interesting. Bitfinex has announced that they are considering spreading the loss over their entire customer base. I do not see how they could possibly do this unless they are insolvent.

I read a while ago that it's gonna be ~36% haircut on all assets (money and crypto). So this means their total assets are in excess of 300k BTC... hmmm.