Category: Bitfinex

Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’

Major crypto exchange Bitfinex has temporarily suspended all fiat wire deposits for the Euro, U.S. Dollar, Japanese Yen and Pound Sterling. This is according to several reports today, Oct. 11. While the exchange has not specified a reason for the suspension, it states that deposits are “expected to resume within a week.” As reported Oct. […]

Polish Prosecutors Seize €400 mln Amid Allegations Bitfinex Is Implicated In Fraud

News is emerging of the seizure of €400 mln from an account that is reportedly affiliated with crypto exchange Bitfinex at the Cooperative Bank in Skierniewice, Poland. The investigation is allegedly tied to Colombian drug cartel operations, a local news outlet reported April 6. The report has not yet been officially confirmed or denied by Bitfinex. […]

World’s Fifth Largest Crypto Exchange Bitfinex Wants To Move To Switzerland

British Virgin Islands-based Bitfinex, the fifth largest crypto trading platform in the world in terms of trading volume, intends to relocate its business to Zug, Switzerland, Cointelegraph auf Deutsch reported Tuesday, March 27. Jean Louis van der Velde, CEO at Bitfinex, confirmed the exchange’s plans to  the Swiss business newspaper Handelszeitung Tuesday. The Bitfinex leadership […]

Anonymous Blogger ‘Bitfinex’ed’ Lawyers Up For Alleged… | News

Anonymous blogger Bitfinex’ed, who markets his or her blog as a place for “exposing possible fraud by largest Bitcoin exchange, Bitfinex/Tether,” has reportedly hired D.C.-based lawyer Steven Palley as part of a potential legal battle between the blogger and the exchange. Bitfinex is currently the third ranked exchange by volume over a 24 hour period […]

Confirmed: Bitfinex Exchange Has Account On Dutch ING… | News

Dutch financial group ING (INGA.AS) has confirmed that Bitfinex, one of the world’s largest Bitcoin exchanges by daily trading volume, has a bank account with them in the Netherlands, Reuters reported Tuesday, Feb. 20. In an email to Reuters, ING spokesperson Harold Reusken confirmed that Bitfinex has a bank account with ING in the Netherlands. […]

Hong Kong Regulator: We’ll ‘Continue To Police’ Crypto… | News

Hong Kong’s financial regulator vowed to keep “policing” cryptocurrency and ICO markets Friday during a fresh warning to potential investors. In an announcement from the territory’s Securities and Futures Commission (SFC), CEO Ashley Alder said that following a vetting of exchanges and ICO providers for compliance, “market professionals” should also play their role in ensuring […]

Has the Blockchain Revolution Failed to Take Off 10 Ye… | News

Everyone, even the biggest skeptics of Bitcoin and other cryptocurrencies have all had their positives to say about the underpinning Blockchain technology which has the potential to change the world. However, it has been 10 years since Blockchain technology came into the open, and yet we still don’t really have a major use for it. […]

Something’s Fishy: Tether, Auditor “Dissolve Relations… | News

Reports surfaced Saturday night that Tether and their auditor, Friedman LLP, had dissolved their relationship. Due to the weekend, independent confirmation has not been received. Calls to Friedman LLP have gone to voicemail. It does seem unusual for either company to take such an action without issuing a formal statement, particularly since this would create […]