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Summary from the TLDR Crypto newsletter

Bitfinex's parent iFinex Inc. is considering a $150 million share buyback that would allow it to exert more control amid increasing regulatory oversight. iFinex’s owners also own Tether, the largest stablecoin issuer. The purchase would be done through an all-cash injection from a subsidiary and open to those who bought iFinex shares via a 2016 investment platform swap deal.