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Bitcoin exchange's plan to impose losses on clients flawed: lawyers

Tuesday, August 16, 2016 - 05:50

Hong Kong

CRYPTO-CURRENCY exchange Bitfinex's plan to impose losses on all its trading clients for the theft by hackers of US$72 million in bitcoin rests on two flawed pillars, according to lawyers.

The Hong Kong-based exchange said on Aug 2 that hackers had stolen 119,756 bitcoins

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