LEO

neitze

It is what it is. Always hear stories of vultures coming out when people are dying. Despite being pretty far removed from being in a position where my parents leave tangible assets to their next of kin - I can empathize with some of the sacrifices the step kids made in his last months. Pretty scummy to not flesh particulars of inheritance out when he is of sound mind though. I did end up losing all empathy when the LEO husband of one of the step daughters essentially let himself into my grandfather's house after he passed and sold his gun collection on Craigslist, including one of the last major purchases my uncle made before being killed in Op. Iraqi Freedom. Not the kind of people I'd want to patrol our communities. Probably should have lodged a complaint at the time. Hard to fathom doing something so morally bankrupt for a few grand.

DabNbeyondNormalUse

Absolutely according to coinmarketcap only 6 of the top 100 are showing green for the 24/hr period (Tether, Toncoin, LEO, DAI, NEO and Jasmy)

Apart-Apple-Red

>Its screams “LEO check me out” it never be mainstream like btc, the OP optimistic fantasy is just that. like I said what's it done in 6 years compared to others It has better privacy than bitcoin. It has low fees so it can be nicely used as payment, unlike bitcoin. And oh, is actually taking over practical use from bitcoin. Yeah, it looks like monero is doing fine 👍

IntelligentOne007

Its screams “LEO check me out” it never be mainstream like btc, the OP optimistic fantasy is just that. like I said what's it done in 6 years compared to others

LowestCommmonDenom

UNUS SED LEO which is latin for scam. You know it’s super sketchy when CoinMarketCap doesn’t even have an about section for it. And Binance who listing criteria is “is it a crypto?”…Binance refuses to list this shitcoin. The founders of LEO who are associated with the Bitfinex are waiting for that dumb whale to purchase a bunch of LEO so they can dump this coin like Terra Luna. This is not a legitimate currency. It is an entirely a pump and dump scheme which is why legitimate exchanges will not list it. Bitfinex is arguably the most illegitimate exchange next to the defunct FTX. Sometimes curiosity does kill the cat. Don’t be curious when it comes to LEO.

JoeYo743

Lol not to include all the Bitcoin layer2 memecoins as well. MAX GUS PLAY WELSH LEO WIF to name a few

satoshisfeverdream

That was a bullshit set up by crooked LEO and you can tell because he was never formally charged in court for any murder for hire. Read some.

WoahLetsGo

Some people feel a sense of security going cross chain. I don't have a preference, I don't do illegal shit to need the info and ring signatures and confidential transaction amounts should be sufficient. It's all about your threat model and how hard you're running from LEO

PsyOmega

Gold is only valuable until we lasso one rock in space into LEO. The space mining plans between bezos/musk will devalue gold to standard commodity pricing in the next decade or so.

AdamFitri2005

💩 like SHIB, TON and LEO in the top 25 makes me question if market cap actually exists

BoneFire

I agree that most law enforcement agencies do not know what to do with cryptocurrency related crimes. I'm a LEO and entertain all cryptocurrency cases regardless of the amount. Ive had many victims who have been scammed by these forensic companies and/or provide them with bogus information.

AdamFitri2005

What is LEO and why does it have a 5.42B mcap with only 2.74M in volume

SmoothGoing

That's from old hack. The guy and girl seriously look like scapegoats rather than criminal masterminds, but that's another story. LEO gently asked them for bitcoin. Then asked less nicely and kept going until keys were turned over.

AlexAtheus

LMAO my mother was a teacher for 35 yrs, and I did a short stint as a shadow for one of my uni profs, so trust me, I \*\*totally\*\* get it! lol Its kinda like LEO busting their ass to find novel ways to catch someone selling drugs... no matter what they come up with, someone will eventually always find a way around it. The ole \*there's always a better mousetrap\* cliche is legit af! haha

brianl047

LEO and the NSA have the ability to trace all blockchain transactions... of course they can, because it's a public ledger. There's a whole industry and analysts dedicated to tracing cryptocurrency. The NSA probably already knows who Satoshi is (Obama asked them to figure out in case BTC was a security threat supposedly). But the catch is, it isn't worth anyone's time or money unless it's absolutely massive sums involved. That's why stealing billions and creating national security risk with an oil company means giving back the money, but mere millions or hundreds of thousands you won't even get the time of day from LEO or these recovery services. You couldn't afford or have the political power for the services to get your money back but they exist.

vulp

No. That's a space shuttle, which only flies to LEO. To get to the moon you'll need a Saturn V.

drewster23

Im pretty sure he wasn't the original fraudster he was the overseas end point money man for the fraudsters. LEO followed the money trail from original fraud case to him.

Savant_Guarde

Civil asset forfeiture only requires the LEO to suspect criminal activity, you have to prove otherwise. It's a racket.

Valianne11111

The dark web is probably 90 percent feds and europol. Everyone assumes that when they announced they found this thing called the dark web that they just then discovered it. Not how LEO works.

-bit-thorny-

Blockstream is not in LEO. It's very much on ground level. But insofar it does operate in space, it rents bandwidth on geo stationary (not LEO) satellites. In short: Shit article.

Ferantc

That name LEO has been around forever, it's always only been close to the ones worth paying more attention to

Wonzky

I never even heard of LEO and it's top20

Ai_Art_Bug

What is going on with LEO? That coin is having a bit of run in the midst of a crab market. I honestly never heard of that project, does anyone have any idea what this is about?

SavageLeo19

TON, LEO, APT, XDC Network. These coins are in the top 50 by market cap, but I'm sure most people don't know about them. Is there anyone here who can give a quick TLDR on any of these coins?

Holiemolie93

Even from the top 30; what in gods name are LEO & OKB?

LowTriker

Decentralized apps are going to introduce a whole host of issues that can't be considered deeply until we see implementations. We already have coins with similar names and short codes that strip people of their coins unawares. This will only become a bigger problem with decentted apps. In addition, once a bug is discovered in the smart contract how will that be handled? Every developer makes mistakes in direct proportion to the amount of code. I've not heard anyone explain how we will get updated and more secure decentted apps in this case. It's already pretty sketchy when the initial contract is verified by some third party but subsequent updates often are not. Why does this go unnoticed? Because the tech is too complicated and new for the average tech savvy person to be sure. This will only increase with decentted apps. Just as Tor has some serious security holes that allow people to essentially control enough exit nodes to intercept traffic, decentted apps could be compromised by merely flooding the chain with alternatives that drown out the original valuable contracts. LEO could make their own "better" version of popular apps (creating astroturf communities and projects) and get the data they need or at least sow confusion and interrupt the chain transactions by undercutting faith in the chain. At some point there has to be an exit to the real world. People are the biggest security risk to any system. This is where the risk vectors intersect. I'm not saying not to create or encourage decentted apps, I'm just saying I hear a lot of happiness for something isn't mature enough for real financial security and skips over the existing problems of verifying contracts and being sure of where the transaction data resides.

Smiling_Jack_

The Altcoin Season Index is sitting at 27, just 2 above the Bitcoin Season threshold. The only positive performers over the past 90 days from the top 50 are: KAS: 111% BCH: 66% XDC: 65% MKR: 56% XLM: 38% WBT: 13% HBAR: 8% LEO: 8% XRP: 8% https://www.blockchaincenter.net/altcoin-season-index/

Sjiznit

Teh fuck was UNUS SED LEO?

ClippTube

Neo, BCH, LEO, ETC, FIL, VET, EOS

conceiv3d-in-lib3rty

LEO was only created by iFinex (parent company of Tether and Bitfinex) to obfuscate the illegal use of USDT in their Bitfinex exchange.

coinfeeds-bot

tldr; Solana (SOL) and Avalanche (AVAX) are the notable gainers among larger-cap altcoins. Bitcoin experienced volatility, reaching a 13-month high before dropping below $30,000 but managing to defend that level. Altcoins, except for SOL, AVAX, LEO, ARB, and a few others, remained calmer. The weekend was uneventful, with BTC staying just above $30,000. On Tuesday, BTC briefly surpassed $31,000 but was rejected. On Thursday, it reached $31,500 for the first time in 13 months but failed again and dropped to $29,700. However, it bounced back and has remained above $30,000. The altcoins also saw enhanced volatility but have calmed on a daily scale. The cumulative market cap of all crypto assets has reclaimed over $10 billion in a day, standing above $1.8 trillion. SOL and AVAX have gained 13% and 7.5% respectively. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The relevant text of the article states that cryptocurrency exchange Bitfinex has received $312,219.71 in cash and 6.917 Bitcoin Cash (BCH) from the US Department of Homeland Security. The assets will be returned to victims of the 2016 Bitfinex hack on a pro-rated basis. Bitfinex had issued Recovery Rights Tokens (RRTs) after the hack, and after redeeming them with the recovered assets, the remaining funds will be paid to token holders of Bitfinex's native token, Unus Sed Leo (LEO). The 2016 hack resulted in the loss of 119,576 customers' Bitcoin, worth around $70 million at the time and $3.7 billion now. Two individuals connected to the hack have been arrested, and recovery efforts for the funds are ongoing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

gr8ful4

CMC tell us that "LEO" is #21 ranking before coins like Monero. I am looking at this coin for weeks. But they rarely see total volume exceed $1 million per day. This sounds like another huge case of propping up ones worthless exchange token. Following entities are not recommended: Bitfinex, Binance, OKX, Poloniex, KuCoin, Huobi. If you still use one of those entities GTFO.

sedplas

Btw I did not realise LEO and GTX were also exchange tokens. That does shed a new light on this. Although I wonder CRO is an exchange token as well and it fell over 90% and I am sure there might be more of others which did as well. Any idea what made these exchange tokens stand out?

Pitiful-Scar-2246

TWT is Trust wallet's token. Trust wallet users get benefits for holding certain amounts of those tokens. It could be the reason for it's price action. BNB, OKB, LEO, GMX, are all exchange coins or tokens. Their prices could be kept up by the CEXs that created them.

MichaelAischmann

Not MOONs, DOT, LINK, LEO, BCH, XMR - like 40% of the top 100 are green or less than a % down. Don't see things so grim.

ahabraken

How much of that is in exchange tokens like BNB, UNUS SED LEO or Cronos?

Full-Butterscotch-59

I'm going to make assumptions here: hacking does not mean a DoS attack that creates an outage of some kind. It also does not mean market manipulation or some other thing that could potentially increase transaction fees or manipulate the market value of Bitcoin. Assuming those things, I think the main reason nobody will waste resources trying to recover your private key is that the blockchain makes it really easy to follow the paper trail so to speak. The FBI and other LEO have successfully been able to do some pretty remarkable things in terms of using Bitcoin to prosecute anyone who has been using it for criminal activity and they're just getting started. I think it's funny crypto geeks think the government is against crypto. The financial institutions are slow to warm up to new technologies and especially ones they see as risky. LEO loves Bitcoin. Why steal something you're going to get caught spending or converting into another currency? The first rule of hacking is don't get caught. The type of person who would use tech to commit a crime for profit likes dealing in things that are hard to trace or things that would be embarrassing for their victims so they don't get reported and ultimately their goal is to cover their tracks. If there was a DoS that affected Bitcoin it probably would affect other pieces of infrastructure, so this isn't exactly a crypto specific problem.

BrocoliAssassin

He got to used to everything and got lazy. Whenever you’re doing crimes like that you are just one wrong move away from getting caught. LEO just needs to get lucky once.

Tasigur1

If BTC goes down Altcoins will bleed even more (in most cases). There is a great and relatively unknown tool by Coingecko to check the resilience of Cryptos: [Crypto Price since All Time High in %](https://www.coingecko.com/en/watchlists/all-time-high-crypto) Some resilient Cryptos are: BTC, ETH, BNB, LEO, APT etc I would also add Monero (72% away from it's ATH) I hope this little tool helps a bit :)

funkinaround

Yes. Tether / Bitfinex used Crypto Capital Corp as a payment processor. Crypto Capital Corp's assets, including Tether's / Bitfinex's, were seized by the governments of Portugual, Poland, the UK, and the US. This is the financial loss which is still seeking remedy. Bitfinex issued the LEO token to keep backing for Tether / Bitfinex. Perhaps if Tether was operating under a regulator, they would have been made to declare bankruptcy rather than be able to go through the LEO offering. "Tether’s claims that its virtual currency was fully backed by U.S. dollars at all times was a lie." This is the original sin of Tether where they switched from "1 USDT = 1 USD in a bank account" to "1 USDT = an asset of 1 USD value". I can understand why people are upset with this change, especially if the assets involve longer dated bonds, crypto, secured loans, etc. Tether is at least a bit more transparent about these holdings, now, thanks to the NYAG having forced Tether to produce these attestation reports.

Interested_Redditor

Kind of, sorta. If LEO wants access to your shit and have access to it, this development suggests that they can extract your information.

MoneroWTF

Monero has view keys. If LEO thinks you're up to no good and has sufficient evidence, get a warrant for the view key. If LEO doesn't have sufficient evidence to get a warrant, they can fuck right off. Bunch of nosy busy bodies.

BrocoliAssassin

VPN would have to be 100% trustworthy or else they could just give your info away if LEO wanted it or if it's a honeypot. There are also other identifiers that could track you .

Islami021

BSC comback $LEO - @alcazarworld The team got a project that reached $220M MC, and its current mcap still remains at $50M. 🚀 Partnership with 🔥@AlchemyPay, @hackenclub, and Softgaming Top #1 trending on @DEXToolsApp $LEO current price $3mil mcap https://t.me/AlcazarLEO

Islami021

$LEO 🦁 Hacken are also 24 hours away from publishing Audit Alchemy Pay will do a tweet. Ferreum Network - Marketing partnership CEXs Bitmart - DigiFinex - CoinTiger 24 hour delay CMC - CG - DEXTOOLS - BSC SCAN All in progress https://t.me/AlcazarLEO

bemyking

Why does LEO coin has a huge MC?

giddyup281

Glad you got your post back, OP. File a report with the LEO and say to them to request the ID from Kraken (as the kind people of Kraken said). No other way to get the funds.

H3rbert_K0rnfeld

Can't wait for my miner to be relocated to a SpaceX LEO satellite

rankinrez

It’s surely Starlink or other LEO infrastructure companies enabling this thigh right? Like a remote village in Tanzania, where do they get the backhaul? Regular Joe’s might be able to “run a node” but they can’t provide that. The basic economics of these things remains the same surely?

Impossible_Soup_1932

It's important it sounds cool and it's easy to remember. You won't get rich buying a coin like UNUS SED LEO

niloy_r

Nah, no idea bro. Maybe nobody really wants to buy or sell UNUS SED LEO right now.

alvesthad

LEO token? what the heck is going on here? lol

nobelcause

LEO could certainly see a correction.

Wesley_Binod

Ahhh LEO,one of the 12 crypto constellations

LilEmsi

LEO token with 3200 seems suspect lol

Chysce

What the f\*ck is LEO token lol

Liarus_

I hope to not see exchange coins there anymore: Such as BNB, LEO, OKB, CRO, KCS, GT, HT

Designer_Restaurant1

LEO? Wth is that? And why is it in the top 20?

fleeyevegans

Looks like most of the stablecoins probably. I think shib and tron will probably fade. Don't know anything about LEO.

chance_waters

SOL, SHIB, TRON, AVAX, LEO will all be dead and buried.

French_physicist

What the hell even is LEO? Ranked 21 on CoinGecko right now

EmuGroundbreaking348

If I were to guess, I'd go with LEO, TRON and SHIB. Going by my track record, they'll probably wind up top 10

Whole_Visible

LEO is the Bitfinex token. It won't last in the top 20. TRON should fall out. It had major hype in 2017 and has managed to hang on but I think it'll fall to obscurity eventually

WarrenPuff_It

In your example, any money going through the business is reported. Cash transactions are still reported, businesses file taxes too. Any money in their business accounts is reported. Cash and receivables is reported. Any money flowing through a business as cash transactions is reported. If you're trying to imply someone is taking said money and then only using it for purely cash transactions under the table, sure that might not be reported immediately, but unless you plan to only ever keep that stored in a mattress at some point it has to be reported once it enters a monetary system as stored value in a bank account or through the purchase of assets. A small business is not capable of washing 5 mil, you need many small businesses to spread it out over in order to not raise any alarm bells, and even then once your other nefarious income sources are discovered you best believe they'll start cutting up your mattresses and seizing anything you can't prove as legal income through a paper trail. And my comment was about banks reporting currency movement. Right now anything 10k or over is automatically reported through swift, and central banks are currently looking to make the requirement a smaller increment, somewhere in the hundreds. We already track cash transactions partially right now, whenever you withdraw money from a banking system the serial numbers of every bill you receive has been recorded, they won't know where you take it and what you did with it until that money is deposited back into another bank somewhere, but central banks are aware of how much money you have and how much is in supply because we built gigantic info systems purposefully to track how money moves and where it goes. A drug dealer operating on the periphery of the banking system still needs to at some point interact with the banking system, you can't clean cash without doing so. But the beautiful thing about all these speculative ledgers that people in here are gambling on is the best utility for this technology as a monetary system is its transparency with each transaction. Everyone with an internet connection can see the complete value of your wallet/bank account at all times, and every single exchange you've ever made. That is what we're moving towards, using a public ledger so that all digital transactions are tracked at all times no matter the increments or sum. You buying a pack of gum costs the same amount in permanently recording as someone trying to move millions to wash through a business. And it's that paper trail that banks/LEO use to swing the legal axe.

GreenStretch

"Besides stable coins and let’s also take out the obvious fan hated coins doge and solana" BNB, WBTC, UNUS SED LEO I have owned SOL, DOGE, and ETC, but probably wouldn't buy again.

Simke11

Going by current 25 on CMC and excluding stable coins - ADA, Doge, Tron, Shib, LEO, TON, ETC

LitecoinCale

Forgot LEO was even in the top 25

HearthAttakk

Correct answer is: LEO, TRON & ETC Hive mind answer is: SOL

Available-Top-1160

I don't know what LEO token is

C01n_sh1LL

Have warrants been obtained this way though? That's a more important question. LEO's can make some educated guesses from on-chain data, then use that to get warrants to collect the *real* evidence.

throttledog

In other news we just saved 3 cosmonauts from death as the ISS breaks down. Backchannel LEO?

Ferdo306

What is LEO doing in top 25?

diomediocre

Basically all of them? If you're familiar with the blockchain trilemma, a lot of new chains recognize Ethereum's and Bitcoin's scalability issues early on and focused hard on that, at the concession of decentralization mostly. Most of Ethereum's L2's are highly centralized/not real L2s yet, chain that use Tendermint consensus have small validator sets by default and some even go smaller than necessary (Cosmos, BSC, Polygon), Cardano uses a very unique programming language and coin tracking model that makes it hard to make scalable smart transactions on (eUTXO), XRP has its SEC issue and Ripple dependency/steady unlocks with a consensus model that requires a high consensus rate, DOGE has a number of really weird whale numbers despite being the people's currency, TRON is even more centralized than BSC and basically owned by Justin Sun, Polkadot's rent mechanism is hard for genuine small teams to get past, Avalanche has some very interesting technical views for distributed systems with its chief team members that are far from the standard, XLM, ICP, APT, and most exchange chains like OKB, CRO, LEO, KCS are pretty hyper centralized whether by wallet, control, or validators. Hedera is largely owned by corporations, Algorand has a borked governance model, Fantom had unworkable governance till recently as a large number of validators wouldn't vote, etc. Honestly almost all chains have significant issues you can find if you dig into them. Bitcoin, Ethereum, Monero, and Litecoin are generally the most accepted as "their issues are easily visible but they're still decentralized enough to be secure and function". This isn't to say don't look into other stuff, you literally can't start decentralized, but it's important to be critical and aware of concessions and weaknesses in what you put money into.

MaeronTargaryen

Meh BNB’s market cap is huge, it won’t get great returns now CRO has a bad reputation now because of the slashed rewards HT I wouldn’t touch because of Justin Sun And then what? OKB? LEO? Nothing that I’m excited to buy really

AAAJade

I was very sad to learn a colleague fell for one of these. She lost her savings...and I haven't asked the specific amount- bc well it sucks- yet it was at least 30k ( im thinking it was 5k, 30k then 100k, for 135k total- from what she said, 3 amounts she added more over time....i share so you ALL see how they lure peope in with a small amount..then larger..till they get you to sign over it all) she is battling cancer right now..chemo even... So I helped her track a BTC transaction from her acct that is NOW closed in that investment website- she had a screen shot picture of some entries from when it opened..- and what I hope you all will hear- they put her funds in a pool... tracking the transactions thru the blockchain...and we found info to turn over to LEO...this scam had a legal business registration and had registered to be able to hold identities via FINCEN... so she, with her baaic understanding thought- OK this is LEGIT- no it wasnt... yet she really thought bc of those factors.. they were. I need people to hear the extent they are going through..and it IS worth it, they steal a half million from a few people they can grow it in a pool and exit out...in multiples...its a longer running con...yet...they are doing this... and if anyone else experiences this - trace the transactions bc they don't think anyone will...and there is information there.. we found email addresses we were able to track people down...BC they think NO ONE WILL..so please if scammed ..trace as much as you can for information of who these people are..bc the low level scams like this, in compared to FTX level, they leave clues behind bc they honestly know LEO won't look thru it all... So please know they are stealing and multiplying their gains...and somehow they..in THIS situation have a tie to silver gate bank in San diego.. They seem to like taking bit coin to pool and exiting in USDC... I'm still attempting to get all the information I can from the tracing we have been doing...yet I can also affirm that LEO does NOT understand crypto. The CBI, Colorado Bureau of Investigation, those agents had NO understanding of the basics. So know that many USA LEO agencies, those feild agents, at this time, do NOT have conversational working knowledge of how crypto functions and moves, they do not know the KYC protocols...FINCEN, hard wallets, CEX/DEX.. I heard the conversation... ..why am I saying this... bc ... we in this "space" forget how little the public and the people whose jobs it is to protect USA finances... simply do NOT yet have the education... to even investigate a simple rug pull in crypto.. a business scammed it's clients and the CBI doesn't understand a liquididty pool ... They do NOT know anything about the DBDC either. That's kinda telling. If they don't know a USA digital currency is coming... how well are the agents trained in financial crimes Investigations? So I'm sharing this here bc Mr atty.. youre correct... I'm stunned how little people actually understand about crypto. I knew we were all early adopters and users.. I didn't realize HOW early. Be well all... and not your Keys/DRS... not yours.. Will define the coming era. 🤜🦍🤛

Emergency_Special849

How could I never hear of UNUS SED LEO?

sickvisionz

I want to say Bitfinex did something like this and it actually worked out pretty well for them and the users. The token they issued was $LEO. > But I wonder what is in it for those investors (or gamblers) who are willing to buy these tokenised claims. Same thing as any investor: they hope that when they want to sell/redeem, the value will be higher than it was when they bought it.

Kaizen_Kintsgui

You transaction is easily blocked by your bank. They flip a switch. They have complete control and visibility into your transactions. LEO doesn't have any trouble gaining access to someone's transaction history. Care to try again?

Setyman

You heard it here first folks: USDT, BUSD, BNB, ATOM and LEO will reach $0 this year. Source: Classic crypto reddit scammer.

PresidentOfBitcoin

While this reveal was quite lame, it was also one of the most level headed descriptions of enforcement within the crytpto space I have ever heard from US LEO's. They identified a bad actor, and removed them as is their job. Good on them.

funkinaround

The court filings say that, at times, like when Crypto Capital Corp's assets were seized by the Polish, Portuguese, UK, and US governments, Tether wasn't backed. They raised money through the LEO token. From April - July, Tether's market cap dropped from $83B to $65B, so they had at least $17B to send to redeemers.

milonuttigrain

ATOM has surpassed LEO to claim top 21

DaveRamseysBastard

Dropped the lawsuit* Only LEO's/the State can "bring charges".

coinfeeds-bot

tldr; Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. GMX (GMX) is the best-performing digital asset in 2022, while TON (TON) and Unus Sed Leo (LEO) are among the worst performers. The CIX100 index fell nearly 68% YTD, suggesting most top coins underperformed in 2022. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Missmilster

Winners: GMX Trust Wallet Token LEO OKB TON Losers: Luna FTT SOL Axie Sandbox

milonuttigrain

Soon SOL will lose top 20 to LEO Market cap difference is less than $100m

Magners17

I remember seeing prices of some of these cryptocurrencies less than a year ago and thinking they were a steal of a deal. According to CoinGecko the best performing coins that are currently in the top 25 last year are: LEO -2.2% OKB -19.8% TRX -30.2% TON -45.4% BNB -54.1% Notable mention closely outside top 25 currently is XMR at -30.2%

shin_jury

SOL got passed by LEO in marketcap rank and is now out of the top 20

rlcoyote

An AWOL VIP CEO wanted by LEO

chuck_portis

It really is an anomaly when you look at the charts. The market cap vs. the volume makes it stand out big time. I mean it's a $3.4B market cap token that traded $770K volume yesterday. Chainlink, right underneath at a $3B market cap traded $259M volume over 24H. Monero @ $2.6B market cap, $81M in 24H. Bottom line is, there are plenty of sub-$10M market cap coins that have higher 24H trade volumes than LEO. Think about that. Coins with less than 1% of their market cap.

Nox_Lucis

LEO has always been such a weird little bump in the crypto charts. The large-cap token around which nothing happens. Not even a shill in my Reddit feed. This post explains so much.

Savik519

It was incredibly unlikely that LEO token holders would ever get any payout up until Feb 2022, I suppose Bitfinex could have decided to go full degen and leverage loan their LEO tokens at that point.

chuck_portis

Well, it would fit the mold of a "collateral coin". That is, a coin where only a very small percentage trades openly, while the vast majority is held by the issuer and used as an asset on a balance sheet. It's the exact MO from SBF and their SRM/FTT accounting tricks. I haven't seen any proof that Bitfinex is using the LEO token in this manner, but the fact is that it COULD be used in the exact same way.

Savik519

They aren't meant to be distributed at a later date. Bitfinex tried to sell them back in 2016 as a way to get funds to cover the loss of the hack. Not all the coins were purchased so they kept the large chunk of them. Accordingly, if Bitfinex received the stolen BTC back then they will get a proportionate chunk of it since they hold the most LEO tokens. I get the witch hunt for exchange tokens, but I don't see this one as any real concern.

Savik519

LEO token was created as a way to monetize the loss from the hack in 2016. The intent is for token holders to be repaid when/if Bitfinex recovers the stolen BTC.

Kappatalizable

1. Gains Network (GNS) 2. Trust Wallet Token (TWT) 3. GMX 4. Bitgert (BRISE) 5. UNUS SED LEO (LEO) Saved you a click

geekbread

It's not everyday that you see a trust wallet token outperforming a decentralized exchange token and a centralized exchange stable coin. But hey, at least the LEO token is holding its own with a solid 4.2% gain. All jokes aside, it's important to remember that investing in cryptocurrency can be risky and it's always a good idea to do your research before jumping in. Happy trading!

efadd

Can anyone explain LEO to me? I know it is an exchange token for Bitfinex, but I really don't get how it can have such a massive market cap but such low volume. It routinely seems to have like a ~$1-2 million dollar volume, against a $3.5 billion market cap. No other top 100 coin seems to have that big of a disparity. Been wondering about that since noticing it a few months back, but couldn't find that much info about it, and honestly didn't look that hard because I have very little interest in exchange tokens.

Wonzky

Wtf is LEO