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Which doesn’t necessarily mean that Bitfinex won’t collapse. It had the benefit of a rising market and lack of regulation which allowed them to give out tradabl
by the_mitsuhiko 4y ago
Which doesn’t necessarily mean that Bitfinex won’t collapse. It had the benefit of a rising market and lack of regulation which allowed them to give out tradable equity.
- rosnd 4y agoOf course, but given that the lost money has now been recovered and has vastly increased in value since the theft (from $72 million to over two billion, out of which Bitfinex keeps at least 20%) it's not all that likely that Bitfinex will collapse.