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Bitfinex plans $150M share buyback to ‘address scrutiny’

Bitfinex has proposed a $150M share buyback to some victims of its 2016 hack in an attempt to “address scrutiny” from regulators.

FTX firm had agreement with Bitfinex for ‘fiat integration’

A firm involved in the FTX bankruptcy had a contract with iFinex — a Bitfinex company — for ‘fiat integration and revolving loan agreement.’

The Ledger Labs security report on the 2016 Bitfinex hack reportedly claims that the ‘Giancarlo’ and ‘admin’ keys were on the same device.

In a letter filed by Bitfinex attorneys, the firm was described as “likely the largest single victim of [Reggie] Fowler’s criminal scheme.”

Alameda Research received $6M in USDC and $2.5M in ether from Bitfinex overnight, along with $4.5M from an unknown source.