Amid NYAG scandal, Bitfinex plans to support IEOs via new platform

Quick Take

  • Bitfinex and its sister exchange Ethfinex launches an IEO platform, Tokinex
  • The team knew about the ongoing NYAG investigation of Bitfinex all along, but did not expect it to be revealed publicly
  • The NYAG-Bitfinex dispute may allow projects on Tokinex to receive more public attention and could turn out to be beneficial to their IEOs, according to Ethfinex co-founder Will Harborne
Bitfinex, along with its sister exchange Ethfinex, has opened a new venue for projects to raise capital amidst a dispute with NYAG. The scandal-laden crypto exchange and its ERC20-focused sister firm Ethfinex announced today the launch of an initial exchange offering (IEO) platform, Tokinex. The first token will be announced in a few days with […]

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