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Recovery Right Tokens (RRT)


Price Quotes, Volume & Historical Data

What is Recovery Right Tokens (RRT)?

Recovery Right Tokens (RRTs) are digital tokens evidencing a limited-recourse, contingent obligation of the Bitfinex Group. RRTs are notional credits, are solely dependent on the Bitfinex Group’s recovery of Losses sustained during a theft in August 2016, and are subordinated to any and all other claims against the Bitfinex Group, including claims related to the Losses.RRTs were initially created as an incentive for BFX token holders converting to equity; that in the event of any recovery of stolen bitcoins from Bitfinex, BFX token holders would be repaid first, followed by any remaining bitcoins being distributed among RRT holders. As of April 03, 2017, all outstanding BFX tokens have either been converted to equity or redeemed.Learn more about Recovery Right Tokens from:http://blog.bitfinex.com/announcements/bitfinex-recovery-right-tokens/https://www.bitfinex.com/rrt_token_terms

Where To Buy Recovery Right Tokens?

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What is the price of RRT?

The current price of Recovery Right Tokens (RRT) is $0.00

Other Cryptos like RRT

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More Details

Official Website https://www.bitfinex.com/legal/token-terms/rrt
Launch Date November 30, 2016
Total Coins Mined 30,199,822.4000
Max Supply Unlimited
Algorithm N/A
Proof Type N/A