Bitfinex never ‘repaid’ their tokens, they started a ponzi scheme
&gt; As Bitfinex has become more and more desperate, they have listed more and more crypto-currencies of questionable value, such as EOS&#x2F;IOTA&#x2F;ETP and so on.<p>As per coinmarketcap.com:<p>EOS is ranked 19, 442 million in marketcap<p>IOTA is ranked 11, 950 million in marketcap<p>ETP is ranked 70, 73 million in marketcap<p>Anyone can throw some light on what these coins really are?<p>Additionally, BTC markets:<p><a href="https:&#x2F;&#x2F;coinmarketcap.com&#x2F;currencies&#x2F;bitcoin&#x2F;#markets" rel="nofollow">https:&#x2F;&#x2F;coinmarketcap.com&#x2F;currencies&#x2F;bitcoin&#x2F;#markets</a><p>shows Bitfinex raking in over 15% of the current market volume. I wonder what will happen to the price if they go under.<p>While I agree to most of the article, specially the Tethers part, Debt to Equity swap is a real thing and not a Ponzi scheme:<p><a href="http:&#x2F;&#x2F;www.investopedia.com&#x2F;terms&#x2F;d&#x2F;debtequityswap.asp" rel="nofollow">http:&#x2F;&#x2F;www.investopedia.com&#x2F;terms&#x2F;d&#x2F;debtequityswap.asp</a><p>Though whether the equity shares are worth as much as Bitfinex is claiming them to be is an another question.