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BREAKING and WTF 🤯🤯🤯🤯
Bitfinex is planning on a exchange token sale + IEO... plan to raise $1B in $USDT....
This is really a WTF situation 🤦🏻♀️🤦🏻♀️
Bitfinex is planning on a exchange token sale + IEO... plan to raise $1B in $USDT....
This is really a WTF situation 🤦🏻♀️🤦🏻♀️
Folks are selling the allocation of its IEO in a few channels, i was super skeptical at first but later confirmed by of one of BFX equity share holders
If it’s a fraud then don’t be scammed if it’s not a fraud then WTF
@bitfinex please comment and clarify
If it’s a fraud then don’t be scammed if it’s not a fraud then WTF
@bitfinex please comment and clarify
I just don’t see how this can be sustainable, it won’t make Tether fully-backed again unless they distribute profit/new fund raised back to Tether reserve. BFX has already securitized + tokenized its future cash flow for their last hack, this is another layer of leverage on top
and this so two independent sources now
There are a few inconsistencies from all the public info
1. If BFX is highly cash flow positive, why borrowed from Tether?
2. If the $850m can be easily crawled back, why IEO?
3. If BFX really dosent’t give a f of NYAG (not criminal charges yet) why bother doing all these
1. If BFX is highly cash flow positive, why borrowed from Tether?
2. If the $850m can be easily crawled back, why IEO?
3. If BFX really dosent’t give a f of NYAG (not criminal charges yet) why bother doing all these
