Tag: BitFinex

Bitfinex Hacker Turns State’s Witness in Bitcoin Fog Mixer Trial: Report

Ilya Lichtenstein, the man behind the looting of billions of dollars from Bitfinex,  is now helping federal prosecutors build a case against Bitcoin Fog, a crypto mixing service. He testified that he used the service about ten times to launder funds. However, he mentioned that the platform was not his main money laundering method since …

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Bitfinex Unveils Securities Platform in El Salvador

Bitfinex has announced the launch of a securities trading platform in El Salvador. El Salvador is the first country to recognize bitcoin (BTC) as legal tender. The new platform launch follows the of several Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) two weeks ago. The move rides on the …

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iFinex Launches $150 Million Share Buyback Plan to Compensate Hack Victims: Report

iFinex, the owner of popular cryptocurrency exchange network BitFinex and collaborator with Tether Holdings Ltd, reportedly unveiled a $150 million share buyback plan. This new announcement marks a significant milestone for the company’s growth, history, and efforts to make amends for its tainted history. As per the , iFinex has offered a $10 per share …

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