Lots of users have withdrawn their assets from this exchange as a result of the controversy and although the stablecoin its affiliated with is not fully backed at the present moment its likely this situation will be resolved satisfactorily over the coming weeks however, this issue is not likely to have any impact on the outcome of the next boom as it will be driven mainly by institutional investment in regulated products such as ETFs and not in exchanges such as this
This has already expected by so many parties but the fact that bitfinex scandal about the bitfinex borrow a lot of tether from the tether company has destroyed its reputation. No more people will believe in bitfinex and they are all moving toward the new exchange site. Look at the volume right now.
