TechFlow reported on October 9 that according to market data, following a U.S. government press release, Bitfinex's platform token LEO surged by 40%. Bitfinex has previously committed to using 80% of recovered funds to repurchase and burn LEO tokens if they successfully recover the lost funds.
Earlier reports indicated that the U.S. government has filed for an alternative notice procedure, intending to notify potential victims other than Bitfinex from the 2016 hack. However, U.S. prosecutors currently recognize only Bitfinex as eligible for compensation as a victim.
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