Wallets And Exchanges

May 24th 2017

ETHNews Site and App Update

bitfinex wire freeze

Bitfinex’s Wire Transfer Woes Leave Users Wanting

On the heels of dismissing its lawsuit against Wells Fargo, which alleged the bank interfered with its business, Bitfinex announced it will not be accepting wire transfers. No timeline has been established by either banking institution or Bitfinex as to when this problem would be resolved. In the meantime, Bitfinex’s users should be aware that its sister company Tether has a provision in its terms and conditions giving Tether the discretion to not honor redemption requests for the exchange of its cryptocurrency for fiat currency.

Subscribe to our Newsletter

* indicates required
Email Address *
First Name
Last Name
News Categories of Interest