UNUS SED LEO Whitepaper Explained | How Bitfinex Created a $1B Recovery Token

The UNUS SED LEO whitepaper, published by Bitfinex in 2019, tells the story of how one of the world’s oldest crypto exchanges turned crisis into innovation. In this episode of CRYPTO in Black and White, we break down the LEO token’s purpose, tokenomics, and buyback system — a model that has quietly sustained value for years without hype or speculation. No spin. No marketing. Just crypto — in black and white. In this video: • Why Bitfinex created UNUS SED LEO • How the billion-dollar token sale worked • What makes the buyback and burn model unique • How LEO functions within the Bitfinex ecosystem • Why transparency became its strongest feature 🏷️ Tags UNUS SED LEO, LEO token, Bitfinex, Bitfinex token, LEO explained, LEO whitepaper, Bitfinex exchange token, iFinex, crypto tokenomics, token burn model, exchange tokens, stablecoins, EOS blockchain, Ethereum blockchain, CRYPTO in Black and White 🔗 Sources UNUS SED LEO Whitepaper – Bitfinex (May 2019) https://www.bitfinex.com/wp-2019-05.pdf Bitfinex Transparency Initiative – https://leo.bitfinex.com iFinex Corporate Announcements – Bitfinex Blog CoinMarketCap – LEO Token Overview CoinGecko – UNUS SED LEO Historical Data