264.863 Bitcoin moved in restitution: What it means for the UNUS SED LEO price

Published on 10/20/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A 27 percent revenue pledge remains part of LEO's burn design. The UNUS SED LEO price is 9.02 USD on October 20, 2026.

LEO burns and restitution

A US government wallet moved 264.863 Bitcoin to Coinbase on October 6, 2026, in a Bitfinex restitution process.
Bitfinex has pledged at least 80 percent of remaining net proceeds to buy back and burn LEO.
The UNUS SED LEO price stands at 9.02 USD as of October 20, 2026, 0.25 percent below the UTC daily close of October 19, 2026.
iFinex has a 27 percent gross-revenue allocation for recurring LEO buybacks and burns.

UNUS SED LEO, XCCRYPTOLEO6, Illustration mit AI erstellt.

UNUS SED LEO (LEO) is tied to a 264.863 Bitcoin transfer connected with Bitfinex restitution on October 6, 2026. The UNUS SED LEO price stands at 9.02 USD as of October 20, 2026, 0.25 percent below the UTC daily close of October 19, 2026, according to Investing.com.

264.863 Bitcoin transfer links LEO to restitution plan

A US government wallet moved 264.863 Bitcoin to Coinbase on October 6, 2026, in a process linked to the 2016 Bitfinex hack, according to Crypto Briefing. The transfer was described as part of restitution rather than a liquidation. Bitfinex plans to use recovered assets first to redeem Recovery Right Tokens, which are instruments issued to users affected by the breach. The exchange has committed at least 80 percent of any remaining net proceeds to buying back and permanently destroying UNUS SED LEO, the report said.

The transfer was valued at 22.87 million USD when it moved, according to MoneyCheck. The Bitcoin transfer and the planned LEO allocation are separate parts of the restitution structure.

LEO burn pledge depends on net proceeds

The 80 percent commitment applies after Recovery Right Tokens are redeemed and procedure costs are deducted, according to CryptoTicker. That structure means the 264.863 Bitcoin figure does not itself specify the number of LEO tokens that could be destroyed. CryptoTicker also reported that iFinex has committed at least 27 percent of consolidated monthly gross revenue to buying and burning LEO, a recurring mechanism in addition to the restitution-related pledge.

The same report said the regular burn program has operated since May 2019. A token burn permanently removes tokens from circulation by sending them to an address without an access key. For LEO holders, the recurring revenue allocation and the restitution commitment are two distinct mechanisms with different calculation bases.

LEO price shows a 9.05 USD daily high

The UNUS SED LEO price is 9.02 USD as of October 20, 2026, according to Investing.com. It is 0.25 percent below the UTC daily close of October 19, 2026, with a daily high of 9.05 USD and a daily low of 8.99 USD for the UTC day. Investing.com lists market capitalization at 8.30 billion USD, ranking LEO 15th, and 24-hour volume at 439,690 USD. Circulating supply is 919.86 million LEO. The listed figures describe the market snapshot and do not quantify a future buyback or burn.