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The Daily Hodl 2022-10-08 18:45:39

Terra Backer Says Legal Battles Are Preventing Crypto Payouts to UST Holders

The Luna Foundation Guard (LFG) is explaining why it hasn’t paid back small holders of its collapsed stablecoin coin TerraUSD (UST). The LFG, a non-profit organization built to support the Terra (LUNA) ecosystem, says that ongoing legal battles have made accomplishing that promise impossible for the time being. “Since UST’s de-peg in May, there has been understandable […]The post Terra Backer Says Legal Battles Are Preventing Crypto Payouts to UST Holders appeared first on The Daily Hodl.

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