Bitfinex Issues Bitcoin Hack Repayment Plan Update

Bitfinex has taken new steps to reimburse accountholders who lost funds in an exchange breach earlier this year.
In a blog post this week, the troubled exchange announced two special purpose vehicles (SPVs) would be made available to account holders for the purpose of exchanging digital assets for interest in iFinex Inc, Bitfinex‘s parent company. The exchange issued the assets, called BFX tokens, to account holders after suffering a 120,000 BTC($72m) hack on 2nd August.

This post was published at Coin Desk on September 17, 2016.