Post
Topic
Board Exchanges
Re: Bitfinex owners - stolen funds and ponzi schemes
by
bitkilo
on 26/08/2016, 13:03:47 UTC
Bitfinex did not report anything to the Hong Kong police.    They lied. There is no investigation from any authority yet.

You can call yourself the police from HK and they will confirm you that.

Well, that's no surprise. Bitfinex is interested in brushing this under the rug, not introducing more law enforcement agencies. They have said that the FBI and some European law enforcement agencies are investigating -- if you want to believe that.

I am more curious about the FBI or US Attorney's investigations into Bitfinex's actions. You can't serve US customers then flout US law. That will get your site shut down and bank accounts seized.

US Attorney's investigations will start once  few US clients will make complaints that Bitfinex has stolen 35% from their money and that Bitfinex is issuing illegal securities like those shit tokens.

I thought the Bitfinex token is just a token, it is not a security. But the US law might think the situation differently.

a company cannot issue tokens just like that. that means ...issuing securities and Bitfinex did it out of any financial law... Smiley
what? they should know it that this is an illegal thing to do shouldnt they? i really doubt that it is not allowed thing
The must have some sort of legal standing to do this, they wouldn't have done it without checking with the lawyers first.

Making all your customers take a 35% haircut even if they weren't affected by the hack seem wrong to me but they seem to think they can get away with that too.