Cryptocurrency News

80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?

05/16/2022

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2022.05.16 15:37

80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?

The Luna saga continues. In a Twitter (NYSE:TWTR) thread, the team behind the failed algorithmic stablecoin UST and the token LUNA shared precisely how much Bitcoin and crypto assets they had disposed of.

The Luna Foundation Guard (LFG) also shared a promise to “compensate remaining users of UST, smallest holders first,” with the remaining assets.

LFG Reserve Balance Breakdown. Source: https://dashboard.lfg.org/

05/16/2022

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