By CryptoNews - 1 year ago - Reading Time: 1 minutes
Terra Luna Foundation Guard Freezes $100M Compensation Treasury
The Luna Foundation Guard (LFG), a non-profit organization that supports the Terra ecosystem, has halted the planned distribution of $100 million from its reserve among small UST holders citing litigation concerns.The organization announced the news in a Friday tweet, noting that they are freezing the distribution of LFG's assets due to the threat of litigation. The LFG said they currently don't have a specific date for when they might resume the distribution again....
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Original source: CryptoNews