[2016-08-07]Hacked Bitcoin Exchange Users to Lose 36%

[WishICanTurnBackTime]

Hong Kong-based Bitfinex said all users will lose 36 percent of their deposits after the bitcoin exchange concluded its review of a $71 million hacking attack.
To compensate its customers, Bitfinex said users will receive tokens that may later be redeemed or exchanged for shares in its parent company. Following the announcement, bitcoin climbed to $594 as of 10:55 a.m. on Sunday in Tokyo, based on prices from Coinbase. The virtual currency dropped 12 percent to $577.23 in the week through Friday, its largest weekly decline since June, according to Bloomberg prices.
“After much thought, analysis, and consultation, we have arrived at the conclusion that losses must be generalized across all accounts and assets,” the exchange wrote in a blog post on Saturday. “In place of the loss in each wallet, we are crediting a token labeled BFX to record each customer’s discrete losses.”

http://www.bloomberg.com/news/articles/2016-08-07/hacked-bitcoin-exchange-users-to-lose-36-will-receive-tokens

[Das]

I feel sorry for the customers, some of them might be in dire need of their money. Now they have to wait a long time to redeem the remaining 36% from the company's shares

[richardsNY]

No one is seriously interested in having shares in such a faulty company. This is the wrong way to deal with things. What could be done is to compensate people that lost coins by paying it off with money that the company has in their bank accounts, plus that all collected trading fees will be used to pay off victims. It still may take a long time, but 10000 times better than bullying their customers.