Bitfinex

Highlights: A U.S. court grants class action status in the Tether and Bitfinex lawsuit. Investors claim Tether manipulated BTC and ETH prices during the 2017 bull run. The lawsuit seeks billions in damages over crypto market manipulation. The U.S. federal […]

Highlights: ZachXBT claims that John Daghita has stolen more than $40 million from the U.S. government’s cryptocurrency wallets Daghita is said to be the son of the president of CMDSS, taking care of the cryptocurrencies seized by the Marshals Service. […]

Highlights: Tether boosts Bitcoin reserves to 87,296 BTC after two major transfers from Bitfinex. The firm’s unrealized profits hit $4.55 billion based on current BTC prices. Tether is now ranked the sixth-largest BTC holder worldwide. Stablecoin issuer Tether has boosted […]

Highlights: Small Bitcoin holders steadily accumulate, absorbing all newly mined coins post-halving. Monthly buying rate hits 19,300 BTC, outpacing miner issuance of 13,400 BTC. Bitcoin hits $122,884 as market sentiment remains in “Greed” for the fifth straight day. New investors […]

Highlights: Cantor Fitzgerald, SoftBank, Tether, and Bitfinex are teaming up on a $3 billion Bitcoin-focused plan.  Lutnick’s 21 Capital is looking to mirror MicroStrategy’s Bitcoin strategy through a public market debut. Bitcoin’s fluctuating price continues to attract institutional investors aiming […]

Highlights: Two Ethereum whales have elicited the deposit of 135,548 into Bitfinex after being dormant for about six years. The token dumping happened a few hours before the generalized crypto market slumps. According to Spotonchain, the investors realized profits worth […]

Highlights: U.S. court has approved the return of 94,643 Bitcoin to Bitfinex as restitution for the 2016 hack. Prosecutors confirmed that Bitfinex customers were compensated, making the exchange the sole legal victim. Bitfinex issued BFX tokens and RRT tokens to […]

Highlights: US prosecutors are seeking a 5-year prison term for Ilya Lichtenstein in the Bitfinex hack case. Authorities have identified Bitfinex as the sole victim of the 2016 crypto heist. Sentencing for Lichtenstein and Heather Morgan is set for November […]

Highlights: The US government says Bitfinex could be the sole victim in the 2016 hack, per a recent court filing. Bitfinex compensated customers with BFX tokens, fully redeemed by April 2017, potentially limiting victims to the exchange itself. Authorities recovered […]