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Bitfinex Token Offering - Shenanigans & Is Anyone In?


wry

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Posted

The well known exchange Bitfinex is in the news again.  (Recall last week they got in trouble for covering some of their losses with Tether assets.)

Plans for their token offering are coming togethe!  So well that scammers are starting to post bogus white papers (the first link) to try and dupe potential investors into sending them BTC or ETH.  The real token offering will take ONLY Tether.  The official offering has not started yet, but one of the major shareholders of Bitfinex's parent company, iFinex, has started taking pre orders for tokens.  Yes, you read that correctly, a shareholder is front running the company before the final terms of the offer are even posted.  You just have to love the crypto community and the spirit of anything goes!

Anyway, does anyone use Bitfinex?  I keep thinking about trading there but just can't pull the trigger.  The Binance token seems to have worked out, is anyone interested in the Bitfinex sale?  I'm not thinking it's worth the KYC verification to participate, but I am often wrong.

Link 1 to Scammers:  https://www.coindesk.com/beware-the-fake-bitfinex-white-papers-appearing-online 

Link 2 to Pre Offer: https://www.coindesk.com/bitfinex-shareholder-starts-pre-orders-for-exchange-tokens-public-sales  and https://www.coindesk.com/not-a-white-paper-marketing-document-details-1-billion-bitfinex-token-sale

Posted

I used to trade on Bitfinex before now trading on Binance and yes Bnb worked out so well and also its still doing so good! and I didnt know about Bitfinex token before reading your post @wry also I think bitfinex token will work very good so I am obviously interested in this :)

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