After initially suspecting it, Bitfinex's chief technology officer, Paolo Ardoino, has now definitively confirmed that the allegations of a database breach were "fake."

"As I said on Saturday, Bitfinex's user database was not breached," Ardoino told The Block. "We spent the weekend reviewing all internal data to avoid leaving any stone unturned. We concluded that the claim was fake, as suspected from the beginning."

The "fake" claims of the Bitfinex data breach spread on social media on Saturday, apparently after Alice of Shinoji Research tweeted that Bitfinex was the subject of a large-scale data breach, as the hacking group FSociety claimed on Apr. 26.

The now-deleted tweet was picked up by Walter Bloomberg, a breaking news account with over 732,000 followers. Citing Shinoji …