Bitfinex LEO Exchange Token Chatter Increases as Legal Maneuverings Continue

Amid its freshly inflamed clash with the office of the Attorney General of New York (NY AG), cryptocurrency exchange Bitfinex is apparently moving full steam ahead on an exchange token offering to help sidestep $850 million USD in funds that were reportedly seized by U.S. and European officials in 2018.

Like how BNB functions for Binance, the Bitfinex token, named LEO, is aimed at being a “utility token at the heart of the iFinex ecosystem” according to a marketing document released over the weekend by iFinex shareholder Dong Zhao.

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