Net Worth of Bitfinex's current assets (with updates)
All numbers are up for debate and I would love input on all or any of them.
Stolen
Total funds stolen has been confirmed as 119,756btc
Funds remaining
This is where things get interesting
BTC
It is believed that at least this acount is still in Bitfinex's controll, totaling 33,388btc
source
ETH
This account with 999,910ETH is marked as a bitfinex account.
USD
Now using info from BFX we know that Bitfinex is lending out about 38,000,000 USD, and therefore in controll of it. but there is likely more. So to estimate that I am going to look again at the 1 mil ETH.
From the same site BFX we can see that about 500,000 ETH is loaned out. assuming a similar ratio I am making an assumption that there is 76,000,000 USD in Bitfinex's control.
ETC
No clue, lets say 50% of the amount of ETH?? 500,000 ETC
LTC
From 2x of the loans out number, 70,000 LTC
Total Assets Remaining
Numbers at current prices
BTC: 550 ETH: 9.45 ETC: 2.83 LTC: 3.65
Please check my numbers but I get 105,483,049.5 USD or 191,787.4 BTC
Refund possibilities
If the losses are socialized this would mean a haircut of 38.44% or in other words a return of 61.56% of your money.
But socialized the losses may not happen, due to each user having an unique account address it could be argued legally that accounts with money eg USD,ETH can not be sold to cover losses of other accounts, this will be up to the lawyers. If only the remaining BTC is used to refund the haircut will be 78.2% returning 21.8% of the funds.
Edit: 1
A lot of reports from users that can see some of their account balance, by looking at there addresses directly, that they still have btc in these accounts. I don't see anyway to make an educated guess on the total of these balances so I will not edit the post to include them.
Edit 2
/u/zanetackett on reddit is updating all day (same message) no plan on refunds, site back online, probably read only, today, more detailed announcement sometime today.
Edit 3
I should've made clear I think these numbers are the minimum Bitfinex hold, but I need to emphasize 'think' with a capital 'maybe'
A good piece of investigative journalism - keep updating your post. Hopefully not too many steemers have lost money
Thanks, I know it's cliche but that comment made the effort I put in worthwhile
Hi! This post has a Flesch-Kincaid grade level of 10.8 and reading ease of 67%. This puts the writing level on par with Michael Crichton and Mitt Romney.