Analyst: It is speculated that Bitfinex is insolvent after the theft of Mt. Gox, and the problem is getting worse.
30 Apr 2019, 11:33
Analyst: It is speculated that Bitfinex is insolvent after the theft of Mt. Gox, and the problem is getting worse.
Indeed very irresponsible, though !n early 2013 Bitcoin was but a little $1B village and all startups were run on a shoestring budget. So imo this likely doesn't reflect on Bitfinex six years later. I am in favor of industry wide proof-of-reserves though.