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Bitfinex, a cryptocurrency exchange, is planning a $150 million share buyback to regain control over the company's dealings. The buyback offer is aimed at users who had their balances reduced during the 2016 hack. The parent company of Bitfinex, iFinex Inc, is making the offer to buy back equity distributed to the affected users. This move could potentially provide a 3,200% return to the victims of the hack. The buyback offer is seen as an attempt by Bitfinex to increase its control over the company's operations.
The owner of crypto exchange Bitfinex is exploring a $150 million share buyback that would provide it with greater control over the company’s dealings https://t.co/j5eVF5326D
The owner of crypto exchange Bitfinex is exploring a $150 million share buyback that would provide it with greater control over the company’s dealings https://t.co/Y6oM0Jm2X4
.@Bitfinex's owner has offered to buy back up to $150 million of its shares from investors, which could see victims of a 2016 hack bag 3,200% returns, report @AdMcMarkets and @TimInCrypto https://t.co/JNNFWEoWrJ https://t.co/JNNFWEoWrJ
Bitfinex's owner has offered to buyback up to $150 million of its shares from investors, which could see victims of a 2016 hack bag 3,200% returns https://t.co/JNNFWEoWrJ https://t.co/JNNFWEoWrJ
The owner of crypto exchange Bitfinex is exploring a $150 million share buyback that would provide it with greater control over the company’s dealings https://t.co/2dvZQctGvV
Bitfinex crypto exchange’s parent company iFinex has proposed to buy back 15 million of the company’s shares at $10 per share from the victims of the Bitfinex hack of 2016 who were offered these equities as compensation. https://t.co/K45TmsvPOj
iFinex, the owner of Bitfinex, has offered a $150 million buyback offer to those who bought its shares as part of a 2016 swap arrangement. https://t.co/Ym2IVtYp7b
ICYMI: Bitfinex owner offers to buy back shares worth $150 million: Bloomberg https://t.co/VuNMsoijvE
The owner of crypto exchange Bitfinex is exploring a $150 million share buyback that would provide it with greater control over the company’s dealings https://t.co/JHIyfijvMa
iFinex, the owner of crypto exchange Bitfinex, is planning a $150 million share buyback plan, according to Bloomberg. In 2016, Bitfinex was hacked and approximately 71 million Bitcoin was stolen. Bitfinex provided the company shares as compensation. https://t.co/iGEOXfC4GO
Bitfinex owner offers to buy back shares worth $150 million: Bloomberg https://t.co/AXLlFwz8fe
The owner of crypto exchange Bitfinex is exploring a $150 million share buyback that would provide it with greater control over the company’s dealings https://t.co/v67AF6RLyj
The owner of crypto exchange Bitfinex is exploring a $150 million share buyback that would provide it with greater control over the company’s dealings https://t.co/08QId5trsc
💰 Bitfinex crypto exchange owner makes $150 million share buyback offer to hack victims- Bloomberg News
1/ BITFINEX MAKES ITS HACKED USERS RICH iFinex Inc, the parent company of Bitfinex cryptocurrency exchange and Tether, offers to buy back equity distributed to the users who got their balance haircut in the Bitfinex 2016 hack. What does it mean, and is the deal good? 👇👇👇 https://t.co/Kg6llK9ME2
Bitfinex is buying back shares from those who converted their 2016 hack to equity. https://t.co/n6ED8rz2KZ