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by xmly 2615 days ago
So they admit that the money was once lost, just they recovered part of it? Of course, they forgot to disclose.
1 comments

No. They claim the money was seized from a "partner" (Crypto Capital) by various governments (~$400 million to Poland, etc), and they are trying to get it back.
And why wasn't that disclosed to customers prior to today?
That is between them and their "customers", I guess.

Bitfinex has been shady for a long time and tether from its beginning. So, good luck to them. But that is nothing new.