The LEO token, associated with Bitfinex, is trading at a 60% premium over its implied fair value, signaling potential progress in the resolution of the 2016 Bitfinex hack. Approximately 94,636 bitcoins, linked to the incident, remain frozen and are part of ongoing legal proceedings to determine victim claims. Bitfinex had pledged in 2019 to use 80% of recovered assets to buy back and burn LEO tokens. Analysts suggest that if the court decides to return the bitcoins to victims, around 75,000 bitcoins could be released into the market over 18 months, averaging a daily sell-off of 139 bitcoins.