💢 Bitfinex responds to insolvency rumors in blog post

Crypto exchange Bitfinex addressed rumors of insolvency in its latest blog post. “As one of only a very few exchanges operating since 2013, with a small team and low operating costs, we do not entirely understand the arguments that purport to show us to be insolvent without providing any explanation about why,” Bitfinex writes. It also distanced itself from any involvement with Puerto Rico-based bank Noble Bank.

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