When the hack happened, Bitfinex customers took an enforced “haircut”, losing 36% of their assets held by the crypto exchange. By 2019, the company had reimbursed the victims, so now the Hong Kong-based firm and some customers who exchanged their losses for shares are in line for a windfall once the recovered Bitcoins are returned.
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Trump Scottish golf resorts claimed over £3m in furlough
admin, , Business, 0
“Government support was helpful to retain as many jobs as possible, however, uncertainty of the duration of support and...
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M&S slumps to first loss in public firm’s history
admin, , Business, 0
In August M&S announced it was set to cut 7,000 jobs over three months.
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Two million could see energy cut off this winter, charity warns
admin, , Business, 0
In one example, a family made up of a couple with two children under the age of 14 in...
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Almost half of staff care less about their careers since Covid
admin, , Business, 0
“The pandemic may have been a collective experience, but the impact has been fragmented in so many ways, with...
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Energy bills to rise more than predicted, says Ofgem boss
admin, , Business, 0
About 23 million households in England, Wales and Scotland have their bills governed by the energy price cap. That...
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Post Office plan to sack Horizon IT reviewer kept secret, documents reveal
admin, , Business, 0
The Project Sparrow sub-committee was led by Post Office chair Alice Perkins and included chief executive Paula Vennells, alongside...
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Judge approves Woodford investors’ compensation
admin, , Business, 0
Its founder, Andy Agathangelou, said: “Most will get back between four and eight pence in the pound of...
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Job centre workers ‘feel unsafe returning to work’
admin, , Business, 0
A union representing job centre staff says three in five feel unsafe interacting with the public.
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