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CoinTurk News 2023-10-11 05:43:21

Bitfinex’s Parent Company iFinex Announces $150 Million Share Buyback to Protect Hack Victims and Gain More Control

Details of the Share Buyback iFinex, the Hong Kong-based company managed by the same team as the major stablecoin issuer Tether, has offered to buy back 15 million shares at $10 per share for shareholders on September 22. This offer represents approximately 9% of iFinex’s total outstanding capital and values the company at $1.7 billion. The post Bitfinex’s Parent Company iFinex Announces $150 Million Share Buyback to Protect Hack Victims and Gain More Control appeared first on COINTURK NEWS.

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