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$2,036.760.19%BTC$73,651.030.24%ETH$2,011.160.63%XRP$1.330.64%SOL$82.080.58%

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

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CD20$2,036.760.19%BTC$73,651.030.24%ETH$2,011.160.63%XRP$1.330.64%SOL$82.080.58%

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