They just converted 1.1% of their BFX back. Just wow !
How much did they pay for the converted BFX? If that is below the face value, the investors/traders still lose money.
they paid out like $800k. that's meaningless, they held onto millions of dollars (as opposed to repaying customers) to keep in operations. that's where the 1% came from. look at their volume -- you think fees paid for that? the whole Bnktothefuture think is sketchy as hell. i would stay the hell away from this place...