Legal Contributor , ETHNews | email@example.com
Emmanuel is a legal contributor and consultant on virtual currency regulation at ETHNews. He is a licensed attorney with the State Bar of California. His work has appeared in LexisNexis, Matthew Bender & Co., and elsewhere.
Aug 18th, 2016
In light of the recent hacking incident that resulted in the theft of approximately $70 million, Bitfinex chose to reduce customer deposits by 36% to equally distribute the losses. This solution raises substantial concerns.
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