Advertisement

Luna Foundation Guard Spent $3B In Unsuccessful Bid To Defend UST Peg

LFG burned through its Bitcoin reserves in an attempt to shore up UST. Some of its swaps are raising eyebrows.
By: Jason Levin •
Luna Foundation Guard Spent $3B In Unsuccessful Bid To Defend UST Peg

LFG burned through its Bitcoin reserves in an attempt to shore up UST. Some of its swaps are raising eyebrows.

Loading this article…

Advertisement

Free newsletters

Good reporting. Delivered.

Choose your coverage: crypto and DeFi, the future of finance, or both.

Free. Unsubscribe anytime.

Choose your newsletters

No PRO membership needed. Privacy policy