Bitfinex already fully financially recovered from the 119k BTC theft by repurcha... | Hacker News

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mrb on Nov 21, 2017 | parent | context | favorite | on: Tether Critical Announcement

Bitfinex already fully financially recovered from the 119k BTC theft by repurchasing the last of the BFX debt tokens a few months ago.

iamthirsty on Nov 21, 2017 | [–]

...with suspiciously issued Tethers, which is kinda the whole point here.

mrb on Nov 21, 2017 | | [–]

But it doesn't matter. From a legal aspect, customers who accepted to sell their BFX tokens are no longer creditors to Bitfinex.

troc on Nov 21, 2017 | [–]

and those tokens were traded at how many pennies to the dollar ?

darawk on Nov 22, 2017 | [–]

They were redeemed by Bitfinex at full face value.

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