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  • "Justice isn't blind, It just looks the other way."—The Boomtown Rats.
    "Justice isn't blind, It just looks the other way."—The Boomtown Rats.
    Tether

    Feds just seized part of Bitfinex’s ‘missing’ $850 million, arrest made

    An HSBC account referenced in a federal indictment directly connects Bitfinex to bank fraud case

    May 1, 2019 /

    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.

    Read More
    Leo Jakobson
  • Tether (via Shutterstock).
    Tether (via Shutterstock).
    Bitcoin,  Tether,  United States

    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’

    April 30, 2019 /

    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.

    Read More
    Leo Jakobson
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