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Exchange kriptovaluta hide huge losses


Exploring operator Bitfinex and «steybalkoyn» Currency Tether

Attorney General of New York accused the company iFinex Inc. – Exchange operator Bitfinex and kriptovalutata Tether -. In an attempt to hide the obvious loss of $ 850 million, according to Engadget.

Tether is based on «stablecoin» concept where kriptovalutata treat each other with the US dollar and is attached to the currency of the United States or other assets.

Over the past 12 months Bitfinex translated kriptovaluta in the amount of 850 million. US dollars in Crypto Capital Corp. This payment processor based in Panama, which is a & # 39 is the last link in the chain.

After the transfer Bitfinex lost access to funds. The Attorney General argues that the banks did not serve up Bitfinex and that $ 900 million. From the available reserve Tether sunk.

Crypto Capital Corp. even claimed that the money withdrawn from public institutions in Portugal, Poland and the United States. But Bitfinex, in turn, doubt that information.

According to the Wall Street Journal, however, the lack of an updated state audit doubt that Bitfinex needs $ 2 billion to its reserves.

According to the Bitfinex, actions of the Prosecutor General of New York written in bad faith and total falsehoods. In particular, it claims that the famous 850 Mill. Dollars were withdrawn and protected.

From Exchange also say financially stable and Bitfinex Tether, and there is no room for concern.

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