Post
Topic
Board Economics
Re: Now who are the owner of Bitfinex hacked Bitcoins which are now recovered?
by
Flexystar
on 14/02/2022, 03:44:15 UTC
This is an interesting thought I had recently too.

The hacked funds were taking in cryptocurrencies but a lot of the payouts and buybacks were done in fiat. Since it was in 2016 it started and took a few years for people to be paid back, bitfinex might have to refund people their crypto but they might find a reason not to...

It’s also unclear to me who and what decides that whose accounts were hampered? Like when we say exchanger got hacked, does it mean that there is only one core wallet like that in bank which was stolen and thus every user is hampered with it? Or the hack was on individuals account and thus accounting to that big amount which was stolen back in time!!

It’s little tricky to understand. Since the news articles only publish superficial reviews of incidence it’s always unclear to me what might have exactly happened!