5 ms·

Its a great way for miners to launder money. Bitfinex pays the fee and it turns up on the miners balance sheet, where does bitfinex gain?

• FireBeyond 5y ago
  The recipient in this case absolutely appears to be "associated" with Bitfinex, who don't understand the concept of "arms length", so entirely 'nepotistic' transactions like this would be par for the course (remember the loan between Bitfinex and Tether, who were at the time being stated as independent and unrelated, yet somehow the same two people signed and countersigned the loan for both sides?).
  • dylkil 5y ago
    I read your whole comment expecting you to get to the evidence where bitfinex and the miner are associated...
    • FireBeyond 5y ago
      > DeversiFi — a non-custodial exchange that spun out of Bitfinex in 2019 From the article. And as said, given previous dishonesty from Bitfinex about all sorts of unrelated parties (they claimed to be independent of Tether, until that was proven a lie, and they are heavily intertwined with their bank, Deltec, who says that they have "insight into every transaction and Tether"), I'm going to consider Occam's Razor, here.
      • dylkil 5y ago
        they refunded the fee to bitfinex