Many of fortune ’s largest token holders have decided to exchange over 20 million BFX tokens for equity in the company ’s owner iFinex , citing a recent audit seeing the theft of around 119,756 bitcoins at a value of over $ 70 m . Immediately after the theft on 2 march 2016 , the company halted all transactions in an effort to rebuild investor confidence and repair the overall damage . The stolen tokens are yet to be recovered .
Many of Bitfinex’s largest token holders have decided to exchange over 20 million BFX tokens for equity in the company’s owner iFinex, following a security breach seeing the theft of around 119,756 bitcoins at a value of over $70m. Immediately after the hack on 2 August 2016, the company halted all transactions in an effort to rebuild consumer confidence and assess the overall damage. The stolen tokens are yet to be recovered.