Bitfinex Reimburses First Bitcoin Exchange Hack Victims

Via coindesk.com

  • “Hong Kong bitcoin exchange revealed it had purchased more than 1% of the blockchain debt tokens it issued to users in August as a way to pay them back for losses it incurred in a debilitating hack”
  • “While a small step to recovery, analysts were largely positive about the move due in large part to the exchange’s decision to purchase the tokens at an above-market value of $1 each, roughly double the market value when the redemption took place”

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