“This is the closest approximation to what would happen in a liquidation context,” Bitfinex said on its website early on Sunday. “Upon logging into the platform, customers will see that they have experienced a generalized loss percentage of 36.067 percent.” The company said it would also give all affected clients a “BFX” token crediting their losses that could be redeemed by the exchange or for shares in iFinex, the exchange's parent company. Bitfinex said it would explain its methodology in a later update and that it was talking to investors about how to fully compensate its customers.
Bitfinex exchange customers to get 36 percent haircut, debt token
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