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JS Held releases Luna Foundation Guard and TerraForm Labs audit. Report suggests LFG used $2.8 billion to defend UST&#8217;s peg in May. TerraForm CEO Do Kwon says Terra crash should not be compared with FTX collapse. According to a third-party Audit report, Luna Foundation Guard (LFG) and TerraForm Labs (TFL) spent about $3.4 billion seeking [&#8230;]

Third-Party Audit Report Reveals Luna Foundation Defended UST Peg

A third-party audit has revealed that the Luna Foundation Guard spent $2.8 billion to defend the peg of the algorithmic stablecoin TerraUSD (UST).&nbsp;

LFG Audit Reveals Billions Spent On UST Peg

ZERO

The biggest news in the cryptoverse for November 16 includes Gemini halting withdrawals on its Earn program, Coinbase saying it has zero exposure to struggling Genesis Trading, and Messari estimating that FTX investors may get back up to 50% of their funds after bankruptcy process. 

CryptoSlate Wrapped Daily: SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense

USDT

Months after the collapse of Terra&#x2019;s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent 80,081 bitcoin and 49.8 million stablecoins, which add up to [&#8230;]

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Pegazus Finance 新闻

Third-Party Audit Report Reveals Luna Foundation Defended UST Peg

LFG Audit Reveals Billions Spent On UST Peg

CryptoSlate Wrapped Daily: SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense

Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg

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