Day three post Bitfinex hack: Bitcoin bailouts, liabilities and hard forks

On Wednesday, we argued that the loss of approximately $70m worth of bitcoin from customer segregated accounts held at Bitfinex should give the banking industry pause for thought with respect to adopting blockchain and bitcoin-based financial technologies.

Today, we’re going to look at the wider implications of the hack, and the potential fallout in terms of legal risk.

Continue reading: Day three post Bitfinex hack: Bitcoin bailouts, liabilities and hard forks

On Wednesday, we argued that the loss of approximately $70m worth of bitcoin from customer segregated accounts held at Bitfinex should give the banking industry pause for thought with respect to adopting blockchain and bitcoin-based financial technologies.

Today, we’re going to look at the wider implications of the hack, and the potential fallout in terms of legal risk.

Continue reading: Day three post Bitfinex hack: Bitcoin bailouts, liabilities and hard forks