Now that word is out that cryptocurrency exchange Bitfinex is missing $850 million that it may or may not ever see again, parent company iFinex is trying to raise $1 billion by selling a new exchange token to be called a LEO.
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Bitfinex may issue exchange tokens to cover potential loss of $850 million
Tokens would make up for funds seized from Bitfinex by several governments, although the company says it expect their release ‘imminently’
Embattled cryptocurrency exchange Bitfinex may be planning to issue a proprietary exchange token to cover the potential loss of $850 million, according to the founder of cryptocurrency venture capital firm dFund.
