Bitfinex has only a few more days to offer LEO, at least according to a recently released white paper. Bitfinex aims to raise $1 billion, with the intention to collect as much as possible during the initial exchange offering (IEO) until May 11. Afterward, the exchange will sell LEO tokens in an ad hoc manner to raise funds.
The IEO decision was made after it came to light that Bitfinex has $850 million of its funds blocked by financial regulators in Poland, Panama and the USA. At the same ...