Scammers are creating a lot of fake Bitfinex whitepapers which are being shared all over the social media platforms before the upcoming Bitfinex token sale. The different whitepapers are showcasing the details of the Bitfinex token sale trying to scam investors out of their money.
According to Dong Zhao, a shareholder of Bitfinex, the current whitepapers that are scattered all over the internet are all fake. The official whitepaper is not yet released by the company. Also, the official name of the Bitfinex token is LEO and not BFX.
Only USDT (Tether) shall be accepted during the token sale, BTC and ETH will not be accepted. The total amount to be raised by Bitfinex during the sale of LEO tokens shall be $1 billion.
An example of a fake whitepaper has been posted by John Biggs on Scribd.
Kindly beware of scammers. We will keep you posted as to when the official whitepaper shall be released.