Post
Topic
Board Exchanges
Re: Bitfinex HACKED- funds stolen !
by
philiveyjr
on 02/08/2016, 23:04:58 UTC
Update,

the funds stolen are 119,756 btc. that means aprox 60 millions USD

Do you think that Bitfinex will cover this amount and it will business as usual? Smiley

Definitely not. They only earn on trading fees. I was surprised to even see bitstamp make it back after being hacked for 18K bitcoins. 120K bitcoins is not covereable in any manner. They don't even have assets to continue.