Bitfinex Issues Hack Repayment Plan Update

Bitfinex Issues Hack Repayment Plan Update

Bitfinex has taken new steps to reimburse accountholders who lost funds in an exchange breach earlier this year. In a blog post, the troubled exchange announced two special purpose vehicles (SPV) account holders can now use to exchange digital assets it issued for interest in iFinex Inc, Bitfinex's parent company. The exchange issued the assets, called BFX tokens, to accountholders after suffering a 120,000 BTC ($72m) hack on 2nd August. One SPV, the exchange said, was created in partnership with crowdfunding platform BnkToTheFuture, while another was part of an effort organized by....


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Mt. Gox trustee sets registration deadline of Jan. 10 for repayment selection

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Will Mt. Gox Release The 140K BTC On January 2023? Repayment Methods Revealed

The Mt. Gox hack was a watershed moment for bitcoin. And the future repayment to the affected people will surely be another one. Since we’re in a bear market, most people worry about what effect will those 140K BTC will have on the price. Will the Mt. Gox class prove to be holders or will they sell it all as soon as they get it? That’s a question for another day, since the Mt. Gox class has until January 10th, 2023, to complete registration and select their preferred payment method. Related Reading: Mt Gox Gets Approval To Return 141,686 To Victims Affected In 2014 Hack The last time we....