LEO has fallen from trading at a 51% premium to trading at par with the market value of the BTC expected to be returned to Bitfinex from the U.S. government. An estimated 94,636 BTC is expected to be returned to Bitfinex. Bitfinex intends (per 2022) to spend 80% of the BTC to buy and burn LEO. Per the March 6 executive order (pic 2), it's reasonable to expect that these funds will be returned relatively shortly.