Following the recent security breach at Bitfinex in which it reportedly lost nearly 120,000 BTC, a giveaway of 1,000 BTC has been announced on an online social media platform.

The announcement has been on Reddit by a user going by the name “rekcahxfb” (anagram of Bitfinex hacker). The post, “1000 BTC Giveaway! From your friend rekcahxfb”, says:

“One lucky winner will receive 1000 BTC after one week from now.”

Several users have already posted their address on the website. Some users are speculating if this is actually the mastermind behind the Bitfinex hack, while others are considering it to be a hoax. A user ‘CLSmith15”, said:

“Mods should delete this post and ban the user. It's either the hacker, in which case we shouldn't do anything to help them, or it's a hoax and should be deleted.”    

Bitfinex has provided a new update on its blog post today, saying:

“We are still working out the details so nothing is set in stone, however we are leaning towards a socialized loss scenario among bitcoin balances and active loans to BTCUSD positions. The numbers being quoted are erroneous as nothing has been decided as of yet and we are still in the process of settling positions and balances. More details are to follow tomorrow along with a FAQ answering most of the questions we have been asked over the past couple days.”