Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Net profit of Bitfinex in 2018 amounted to $ 404 million

    Net profit of Bitfinex in 2018 amounted to $ 404 million

    0
    By BlockchainJournal on May 6, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Already known to the community shareholder Bitfinex Zhao Dong again shared exclusive information about the exchange. Thus, according to him, the net profit of the trading floor in 2018 was $ 404 million, and shareholders received dividends totaling $ 261 million, reports 8btc with reference to correspondence in the Chinese messenger WeChat.

    Note that the staff of the exchange does not exceed 90 people. This fact was very impressed by the head of the exchange Huobi Leon Lee:

    “Less than a hundred people earned that amount! I have a new goal. ”

    Netfinex net profit in 2017 amounted to $ 326 million; then shareholders received payments totaling $ 246 million.

    At the moment, according to Zhao Dong, Bitfinex is already conducting a closed stage of IEO tokens LEO, during which it intends to raise $ 1 billion in USDT to solve all the problems associated with freezing the company's funds in the amount of $ 850 million in Panamanian processing accounts of Crypto Capital in four countries .

    Dong himself, through the RenRenBit landing platform, is already accepting applications for participation from retail investors.

    It is noteworthy that, according to estimates by the Prosecutor General’s Office in New York, Bitfinex has already taken a loan of $ 750 million from the reserves of Tether Limited.

    Recall that Coinbase revenues in 2018 could reach $ 520 million.

    Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    Bitfinex CoinBase Featured Huobi New York Office tether
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Bot Activity in Stablecoins Accounted for Over 70% of Trading Volume

    October 1, 20253 Mins Read

    Brock Pierce’s Million-Dollar Cryptocurrency Donation Shakes Up NYC Politics

    October 1, 20252 Mins Read

    Pavel Durov and Bitcoin: The Investment That Funds the Creator of Telegram

    October 1, 20253 Mins Read

    85% Plunge in Tron Inc. Shares Triggers High Alert

    October 1, 20253 Mins Read

    How Ethical Hackers and the SEAL Safe Harbor Framework Protect Billions

    October 1, 20252 Mins Read

    Defiance Launches TRIL, the New Trillion Dollar Club ETF with Tech Giants and Bitcoin

    October 1, 20253 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.