Embattled cryptocurrency exchange Bitfinex raised $1 billion in 10 days with an initial exchange offering (IEO), money it hopes will alleviate concerns of its financial stability. Bitfinex CTO Paolo Ardoino tweeted Monday that private firms, both inside the cryptocurrency sector and out, had contributed more than $100 million each throughout the fundraising. A “legion” of individuals who made investments over $1 million were also said to have bought tokens, which are intended to be redeemable for Tether tokens. Why? Because they know we are trustworthy, they recognize what we have been doing (without needing us bragging about it publicly) and…

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