Context
A week or so ago, Bitfinex suffered a hack in which ~$78 million worth of bitcoins were stolen.
They responded to this in two ways:
- By forcing a 36% loss upon some of its customers' crypto-assets (including BTC and LTC).
- Issuing an exchangeable IOU coin BFX, to be redeemed at some unspecified date - and which unfortunately traded at a price below face value upon market open.
For more information, please read this post.
Lawsuit
Certain Bitfinex customers - who presumably did not sell their BFX tokens - have decided to file a class action lawsuit against the exchange.
I will reserve judgement, but will be closely following developments in this affair.