Bitcoin Exchange Had Too Many Bitcoins
Great writeup. Almost anything written by Matt Levine is worth reading.<p>This is a concise and accurate description of the fun that occurred with Bitfinex&#x27;s handling of the BCH fork.<p>At least, it&#x27;s fun if you weren&#x27;t involved. If you naively held BTC on Bitfinex and were hoping to receive an equal amount of BCH you probably didn&#x27;t think it was fun. If you carefully read Bitfinex&#x27;s statements and decided to take advantage of their policy to acquire risk-free BCH, you probably think it&#x27;s even less fun. But for the rest of us, it&#x27;s fun.