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

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


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

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.