Bitfinex will roll out their Initial Exchange Offering [IEO], which is expected to reel-in in a whopping $1 billion. This follows the recent news of the Hong Kong exchange trying to cover up their undisclosed loss of close to $850 million. According to the exchange’s shareholder Zhao Dong, Bitfinex has formally rolled out its IEO […]The post Bitfinex launches whitepaper for imminent IEO; looks to retrieve funds to make up for $850M loss appeared first on AMBCrypto.