Bitfinex Releases Hack Investigation’s Preliminary Findings

BitFinex has shared crucial details about it recent security breach.

On August 2, 2016, Bitfinex detected a security breach that resulted in the theft of 119,756 bitcoin worth over $72 million. The theft has been under investigation since then, with Ledger Labs playing a crucial role in it. According to the report, the platform hired the services of Ledger Labs within hours of discovering the attack. In addition to an investigation of the security breach, Ledger is also carrying out an audit of Bitfinex’ balance sheets for both cryptocurrency and fiat assets and liabilities.

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