‘Grumpy hold-outs’ could sink Bitfinex recovery plan after Bitcoin theft


A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015.  REUTERS/Benoit Tessier/File Photo
An
illustration photo shows a Bitcoin (virtual currency) paper
wallet with QR codes and a coin are seen at La Maison du Bitcoin
in Paris

Thomson
Reuters


By Clare Baldwin

HONG KONG (Reuters) – Crypto-currency exchange Bitfinex’s plan to
impose losses on all its trading clients for the theft by hackers
of $72 million in Bitcoin rests on two flawed pillars, according
to lawyers.

The Hong Kong-based exchange said on Aug. 2 that hackers had
stolen 119,756 bitcoins from some clients’ accounts, the
second-biggest such hack in dollar terms, and later said it would
spread the losses across all its customers, whether or not

Read more ... source: TheBitcoinNews

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