Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
bitebits
on 03/04/2017, 20:36:56 UTC
Quote
Announcements > 100% Redemption of Outstanding BFX Tokens
April 03, 2017

https://www.bitfinex.com/posts/198

Quite clever: get hacked for $60 million but create BFX tokens to remain solvent, then buy them on your own exchange with ~80% discount, announce BFX tokens will be 100% redeemed, effectively change the damage of the 'hack' from $60 million to ~$12 million.

In the meanwhile still not a single word how the hack has happend but everybody is cheering for a job well done. Amazing.