Bitfinex Goes To Country Of War Alongside Their Critics, Claiming They Create Convey The Funds To Dorsum Upward Their Holdings - Only The Critics Aren't Satisfied Alongside Their Story...
Back inward Nov of concluding twelvemonth I published an article titled 'Did Tether FAKE a hack to encompass upward crimes? We dive into the conspiracy theory.' (Link)
It outlined the theory that Bitfinex, through their stablecoin "Tether" (USDT) had been 'printing money' in addition to the claims to a greater extent than or less were making that they faked existence hacked - equally a creative agency to residual their books.
Things reached a novel score of anger, when a duo days agone an anonymous weblog post on Medium claimed to induce got the within information - that Bitfinex was inward fact committing fraud.
Now - that Medium draw of piece of occupation organisation human relationship is suspended, the post deleted - in addition to Bitfinex is fighting back. Sharing this post to their blog...
"Bitfinex is non insolvent, in addition to a constant flow of Medium articles claiming otherwise is non going to modify this. As ane of only a rattling few exchanges operating since 2013, amongst a pocket-size squad in addition to depression operating costs, nosotros produce non solely sympathize the arguments that purport to exhibit us to endure insolvent without providing whatever explanation virtually why." says the company.
They in addition to thus went equally far equally sharing their wallet addresses for everyone to audit:
Adding "The wallets correspond a pocket-size fraction of Bitfinex cryptocurrency holdings in addition to produce non induce got into draw of piece of occupation organisation human relationship fiat holdings of whatever kind."
This is exactly the latest motion from Bitfinex where they claim they're providing transparency - the critics silent desire more, in addition to are wondering why they're avoiding conducting a Tether in addition to Bitfinex full-scale audit past times an independent exterior firm.
"Yes, we’re going to trust somebody that flees friendly jurisdictions similar Nihon that but desire transparency, that they volition endure transparent." says their most song critic, who goes past times "Bitfinexe'd" on Twitter.
Until that audit happens, they state they'll remained convinced Bitfinex has something to hide.
Author: Ross Davis
E-Mail: Ross@GlobalCryptoPress.com Twitter:@RossFM
San Francisco News Desk
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