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RE: Bitfinex is lying about the "hack" and I can tell you exactly what likely happened

in #news8 years ago

Exchanges, crypto or FIAT work much like Banks. If they are in trouble the customer always pays the price. This is what happened in Cyprus a few years back and with Mt.Gox.

It seems silly to keep large amounts of coins in exchanges. Always diversify with different exchanges and/or your own wallets. Make a trade and jumb out.

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