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Article Referenced in this video: https://beincrypto.com/bitfinex-unus-sed-leo-smart-contract-audit-reveals-nasty-surprises-for-holders/

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41 COMMENTS

  1. Yep complete criminals over at Bitfinex, as soon as they were caught out trying to justify 850mil missing from the (supposed) 1:1 backing of Tether with USD…they decided to launch a NEW “made up” token called LEO…and magically found 1 Billion dollars in a week?!?! Total money laundering and fraud, it staggers me how greed makes people blind to the “obvious” truth…l wonder when they will be made accountable?!?!

  2. There is no fucking way that was legit money going into the LEO token raise.
    After all this reputation loss and when $850 million gets freezed, all of a sudden they raise $1 BILLION privately in 10 days? Ok

  3. At least the destroy token function is explained on the whitepaper… they need it to burn tokens. Maybe implemented in a stupid/lazy way. Not sure about the token creation.

  4. Thanks Heidi – many of us really appreciate your candidacy regarding these tokens. I always find your crypto tips fresh, interesting and highly relevant. *Two Thumbs up*

  5. Yup, sometimes crypto investors just make me sad! BTC and ETH–obvious winners! But how can I donate my money to a shady company instead!? OOOOH, I know, I know! Bitconnect was bad luck but I got a good feeling about Leo!

  6. I guess if a gvmt asked them to destroy the funds of a protest organiation, or someone that hates the gvmt, or someone like wikileaks, then Bitfinex would not say no to the gvmt I suppose.

  7. Chainlink (LINK) coin gains traction. By the end of this year sChainlink (LINK)g growth is going to start. Manage to buy few coins or to take part in free distribution on linkairdrop .com/linkchain

  8. private token generate? private token destroy? I thought the whole purpose of crypto was to be DE-centralized this is centralized A.F….LOL sounds like Fakebook and The Federal Reserve combined !!! (Ugh) Rife setup for corruption and abuse. Coins run by dictators is anti what bitcoin stands for n freedom.

  9. Why anyone even uses Tether is beyond me. They shouldn't even be allowed to operate in this space. They are screwing things up flooding the market. Exactly what the Gov does with fiat.. Isn't that what we are all trying to get away from?
    STOP using Teher.. Shut them down.
    With the same CEO Bitfinex is basically a Co conspirator with Tether.. Stay away, far, far away.

  10. Last week I checked my ledger Nano s and it showed zero balance with zero Bitcoin for 4 hours and then it miraculously it reset itself any idea how this could have happened

  11. Thanks for this Heidi. First I had heard of this and yes it does sound very shady. Another reason I have no plans to invest any centralized exchange. They are already making so much profit on fees alone.

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