Security Incident
Bitfinex Scam: $851.00M Reported Loss
Bitfinex is accused of sending 850 million U.S. dollars to Crypto Capital Corp, a payment processor believed to be located in Panama, without informing customers, and withdrawing at least 700 million U.S. dollars from Tether's reserves after the funds were lost.
- Reported loss
- $ 851,000,000
- Attack category
- Scam
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.