The nonprofit Luna Foundation Guard

LUNA Foundation Allegedly Sent Over $2 Billion

Terra (LUNA) Foundation Send Over $2 Billion Bitcoin to Gemini

The nonprofit Luna Foundation Guard, who oversees and supports the TerraUSD stablecoin and its blockchain’s native coin Luna, said in a tweeted statement

Over $1.2 billion in bitcoin reserves remains unaccounted for by

Onchain Analysis Report Says Terra's Bitcoin Reserves Were Sent

The Luna Foundation Guard Allegedly Sent 52k Bitcoin to Gemini

In response to the question

Luna Foundation Tried to Prop Up Terra’s Crumbling Base With

After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be

In response to the question, Luke Martin, a prominent member of the cryptocurrency community on Twitter, claimed that the Foundation moved the funds to two

The claimed Bitcoin was intended

“JUST IN: $LUNA Foundation allegedly sent 80,394 Bitcoin ($2.5 billion) from its reserve to Gemini and Binance.”

Terra’s $2 billion Bitcoin reserves: Where did it all go?

The claimed Bitcoin was intended to be held in trust by the Luna Foundation Guard, a non-profit charged with maintaining the ecosystem. Changpeng Zhao, the CEO of

What Next

The crypto community has begun investigating the flow of the Luna Foundation Guard’s Bitcoin reserves during USTs depegging event; According to one analysis, 52k Bitcoin was sent to

Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin. The rest of the amount, over $1.2 billion in bitcoin

What Next? appeared first on Coinpedia - Fintech & Cryptocurreny News Media

Watcher.Guru on Twitter: JUST IN: $LUNA Foundation allegedly