Bitfinex has announced that many of its largest BFX token holders have agreed to exchange over 20 million BFX tokens for equity in the company, marking a step in its recovery following the August theft of approximately 119,756 bitcoins valued at more than $70 million. The equity consists of shares of Bitfinex’s owner, iFinex Inc.“This is a significant step towards the recovery and stabilization of our company,” said Philip Potter, the company’s chief strategy officer. Read more: cryptocoinsnews.com
