Name: Luna Foundation Guard Spent $2.8B in Crypto Defending UST Peg
Uploaded: 2022-11-16T18:10:57.000Z
Duration: 6 min 11 s
Description: Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8 billion of crypto trying to defend the peg of algorithmic stablecoin TerraUSD (UST) in May, according to a third-party audit by consultancy firm JS Held. "The Hash" hosts discuss the key findings.

CD20$2,079.780.11%BTC$77,354.460.25%ETH$2,124.580.097%XRP$1.360.38%SOL$86.640.48%

Luna Foundation Guard Spent $2.8B in Crypto Defending UST Peg | CoinDesk Videos

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CD20$2,079.780.11%BTC$77,354.460.25%ETH$2,124.580.097%XRP$1.360.38%SOL$86.640.48%

Luna Foundation Guard Spent $2.8B in Crypto Defending UST Peg | CoinDesk Videos