Part of Bitfinex’s “missing” $850 million is now in the hands of the U.S. Department of Justice. Meanwhile, a controversial businessman was arrested for falsely setting up accounts that let exchanges—including Bitfinex, based on claims in the indictment—skirt bank rules and the law.
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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.