The members of the community of Bitfinex cryptoexchange started noticing problems with money withdrawal on the exchange. The problem might be linked to the connection between Tether and Bitfinex and the issues concerning redacted information that would normally be included in an audit.
— Евгений Бусалаев (@johnny8315) 17 ноября 2017 г.
The users started noticing swings of price and comparing those to Bitfinex’s margined trading practices, stating that there was no response from the support and that the company was putting them at risk. This might eventually result in major losses for the company and for the users. The users on Twitter were concerned that the market was being moved by large-scale trades.
Nevertheless on November 19 Bitfinex made an announcement on Twitter stating that both fiat and crypto withdrawals are functioning normal and that the statements were FUD aimed to create a market disrupting event.
Bitfinex is solvent and both fiat and crypto withdrawals are functioning as normal. We are seeing increasing FUD which we believe is a co-ordinated attack to create a market disrupting event 1/2
— Bitfinex (@bitfinex) 19 ноября 2017 г.
The users still continue to be anxious about their financial status bewaring that such problems might eventually lead to the company's crash. Bitfinex claimed that the formal announcement towards the recent allegations is forthcoming.