Billionaire Bitfinex Shareholder Hints at Exchange Token after $850 Million Tether Scandal

2019-4-30 15:02

By CCN. com: According to a statement released by Dong Zhao on Weibo, a billionaire investor in Bitfinex and a widely recognized trader, bitcoin exchange Bitfinex is planning to create an exchange-based token following the Tether scandal.

Some local sources have said that investors in Asia have shown interest in the exchange token proposal made by Zhao, with one miner based in China suggesting that investors have already pledged $300 million in Tether. According to @zhaodong1982 there’s a high possibility that @bitfinex is going to do an IEO, and some big whales already reserved $300m of the allocations in #USDT pic. twitter. com/oXfbrGk2Cg

The post Billionaire Bitfinex Shareholder Hints at Exchange Token after $850 Million Tether Scandal appeared first on CCN

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Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall

Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token. Bitfinex’s parent company iFinex sold $1 billion in LEO tokens for USDT from private investors during a 10-day token sale in May 2019 to cover an $850 million loss from Crypto […] The post Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall appeared first on CryptoSlate.

2019-6-16 00:50