LEO token pumps following LEA seizure of BTC from 2016 Bitfinex hack

Last Tuesday, news reached the market that 94,636 BTC from the 2016 Bitfinex hack had been recovered by the FBI, IRS, and Homeland, leading to explosive gains in the LEO token.

The seized funds will likely be returned to Bitfinex from the U.S. state as the case progress. At least 80% of the recovered BTC will be used to buy and burn Leo over 18 months after Bitfinex receives the funds.

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