When a cryptocurrency contract isn’t a contract

You see, bitcoin holders were supposed to get an equal quantity of bitcoin cash for any bitcoin they owned after the fork last Wednesday.I won’t go into the specifics of the opportunity here (you can read the original piece here if you’re interested.) But now the window has closed, let’s see how this trade worked out.

The basic idea was this: Bifinex, a crypto exchange, had come up with a weird plan for managing the bitcoin fork. And their plan left an opening for traders to game the system.