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⚠️ Bitfinex has been recognized as the sole victim entitled to recover the funds (around 120,000 bitcoins) stolen from it in 2016.
The LEO token responded with a price increase.
📌 As a reminder, Bitfinex was hacked in 2016, resulting in the theft of 120,000 BTC. To cope with the financial situation, the exchange later issued the RRT token, followed by the LEO token, which was sold at $1. The exchange promised to gradually buy back LEO from circulation, and in the event of bitcoin recovery, also use the funds to redeem RRT tokens at $1. 80% of the funds will be used to buy back and burn LEO.
✔️ In summary, LEO holders will be the primary beneficiaries of the return of the stolen bitcoins to Bitfinex 6 replies
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