Bitfinex Loses $850 MILLION! What Do We Know?

2019-05-04T14:44:38.000Z Honest Cash

Bitfinex, a massive bitcoin exchange that claims real dollars back its popular stablecoin Tether, allegedly raided those reserves to cover up $850 million that went missing, according to the New York Attorney General’s office.

Meanwhile, Bitfinex claims that the government seized the missing funds, and that their efforts should focus on returning the funds to their rightful owner.

What do we know about this for sure? Watch the video below to find out.