Bitfinex HACKED - funds stolen !

[nova-rider]

It was certainly a difficult situation, I'm feel sorry for people who lost money on it. I hope that the exchanges learn from these mistakes, so that way it does not occur again in the future.

[1714481909]

1714481909

[starmman]

It was certainly a difficult situation, I'm feel sorry for people who lost money on it. I hope that the exchanges learn from these mistakes, so that way it does not occur again in the future.

Me too, its difficult to know which exchanges to trust - so I've spread my trades across a few and send all my spare BTC to cold storage - and made sure I have ultra strong passwords and not repeating them across any sites. You can never be too safe in the world of BTC.

[.m.]

I'd love to sue those bastards, but how ? Is there any group of people who were robbed by Bitfinex ?

[ajaxmoor]

It was certainly a difficult situation, I'm feel sorry for people who lost money on it. I hope that the exchanges learn from these mistakes, so that way it does not occur again in the future.

Well, as long as there is greed , that aint happening. There already have been multiple exchanges before. This hack was definitely not the last. The only time we will see these things go away is, when the exchange owners are made responsible for the hacks.

[mayax]

I'd love to sue those bastards, but how ? Is there any group of people who were robbed by Bitfinex ?

here it is :   https://www.bitfinexlawsuit.com   

[starmman]

I'd love to sue those bastards, but how ? Is there any group of people who were robbed by Bitfinex ?

here it is :   https://www.bitfinexlawsuit.com   

Good luck with the class action - hope something comes of it. The owners need to be held accountable for their failings of security (or whatever else happened)

[QuestionAuthority]

Dear Bitfinex dumbassed customers:

We heard you were all suing us so we decided to move our base of operations to Jakarta. It's a beautiful place with no extradition treaties with any other country. Here's a photo of our main office.



I might be a little difficult to find now because I had a little surgery since my last photo was taken so here's a new pic of me. Stop by and say hi when you're in town.



Signed with love,
                          The real slim shady

[soros017]

With this we can see that there are no fully safe places for cryptos on the internet these days, I mean exchange wallets. It is always good to consider the possibility to have at least part of the funds in offline wallets.

[.m.]

BFX token up around 0.5, bring us some more !

[dandroid]

Yeah, finding places to put and trade your coins in a safer way is not something easy these days.
I hope the exchanges manage to do a decent job next time.

[.m.]

I see Bitfinex is trying as much as it can.

[philiveyjr]

BFX token up around 0.5, bring us some more !

Wasn;t it guaranteed to be 1$ at the selling price ?

Either way, It appears to be more of a ponzi or an altcoin with value created out of thin air, then actual refund credits.

[.m.]

"assigned" value does not mean "guaranteed".

I said "they are trying" ...

[OmegaStarScream]

According to Coindesk.com (see HERE ), Bitfinex already started to give some users funds back. I guess It's a good start If we compare them to the other exchanges out there.
Still , It's their own fault If they got hacked (since they didn't use Cold storage) and also users fault If they were storing funds in an exchange for a long time.

[Quickseller]

Wasn;t it guaranteed to be 1$ at the selling price ?

No. The BFX tokens have a $1 face value that represent the amount that bitfinex owes to it's customers. I don't think anyone ever expected for them to be trading at $1.

[ironm@n]

I had not goods stored on bitfinex, but I'm  sad by the fact that people are doing this stuff to stole other people's  money, in my opinion everyone should earn money by themselves.

[Snorek]

BFX token up around 0.5, bring us some more !

Wasn;t it guaranteed to be 1$ at the selling price ?

Either way, It appears to be more of a ponzi or an altcoin with value created out of thin air, then actual refund credits.

And that is exactly what it is, virtual token created as temporary solution, and to please crowd. It is not backed by anything, nor has any real value.

I would advise you don't touch these tokens! If you do that it will be clear that you are fine with that form of refund.

[Quickseller]

BFX token up around 0.5, bring us some more !

Wasn;t it guaranteed to be 1$ at the selling price ?

Either way, It appears to be more of a ponzi or an altcoin with value created out of thin air, then actual refund credits.

And that is exactly what it is, virtual token created as temporary solution, and to please crowd. It is not backed by anything, nor has any real value.

The BFX tokens are baked by the markets faith in bitfinex's ability to raise sufficient money via equity sales to repay their customers.

Provided that the market believes bitfinex is worth in excess of $70 million then BFX is probably worth $1 (face value). If the market believes bitfinex is worth less then BFX is worth less.

[.m.]

Market seems to believe it has a value, BFX went down to 0.49, but now it recovered to 0.51, see Bitmex.

[illyiller]

The BFX tokens are baked by the markets faith in bitfinex's ability to raise sufficient money via equity sales to repay their customers. 

Good luck. Their volume is abysmal now. Liquidity is gone. They repaid the 1% out of funds that they retained for operations, not capital inflow. What kind of outside investor would touch them now with their legal exposure? Socializing losses of bailed assets and securitizing debts--issuing them to US customers? Good luck, Giancarlo, Rafael and company.... you're going to need it where you're going.....