The SEC accuses Kwon of diverting 10K units of Bitcoin from Terra. The Securities and Exchange Commission (SEC) has alleged that Terra co-founder Do Kwon and TerraForm Labs (TFL) were involved in mone...
Tag: LFG
Shopping.io Integrates DINO LFG Enabling Dino for E-Commerce Shopping
Shopping.io announced its partnership with DINO LFG. DINO holders can now use their $DINO token for online purchases from major retailers like Amazon, eBay, Etsy, and Walmart. Shopping.io is known for...
Shopping.io Announces Partnership with DINO LFG, Enabling $DINO Token For Online Purchases
Advertisement     A new alliance between Shopping.io and DINO LFG has been announced. Token holders can now use $DINO at major e-commerce sites like Amazon, eBay, Etsy...
Shopping.io integrates DINO LFG enabling $DINO for e-commerce shopping
Shopping.io is known for allowing holders to spend their crypto effortlessly on global eCommerce websites and offering international shipping to over 60 countries. Moreover, by joining Shopping.io’s ...
Luna Foundation Guard (LFG) Releases Third-party Audit Report
9 seconds ago | 2 mins read Altcoin News A total of roughly $3.4 billion was allegedly spent by LFG and TFL to protect the UST peg. In addition, Terraform Labs invested $613 million more to preserve t...
LFG Audit Reveals Billions Spent On 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). Audit Findings Reported The audit was conducted by J...
SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense
The biggest news in the cryptoverse for Nov. 16 includes Gemini halting withdrawals on its Earn program, Coinbase saying it has zero exposure to Genesis Trading, and Messari estimating that FTX invest...
Technical audit shows LFG didn’t misappropriate funds as it tried to defend TerraUSD peg – crypto.news
An on-chain audit commissioned by the Luna Guard Foundation (LFG) and Terraform Labs (TFL) to provide transparency into the actions of the two organizations in their unsuccessful defense of the TerraU...
New Audit Report Shows Terra’s LFG Spent Over $2.8 Billion To Defend UST Peg ⋆ ZyCrypto
Advertisement     Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8B (80,081 BTC and 49.8M in stablecoins) to defend UST’s peg, ...
LFG audit raises questions about Jump Trading and Terra collapse
According to a new independent report, Luna Foundation Guard (LFG) transferred more than 52,000 bitcoin (BTC) from its reserves to Jump Trading as part of its efforts to defend the price of terraUSD (...
LFG Audit Claims Do Kwon Didn’t Steal Terra Funds—But Can It Be Trusted?
Key Takeaways A new third-party audit of the Luna Foundation Guard has been released. The report claims that LFG used its $2.8 billion of funds in an attempt to shore up UST’s peg in May. While ...
BP Buys Renewable Natural-Gas Company in $4.1 Billion Deal
By Chris Wack Oct. 17, 2022 8:17 am ET Listen to article (1 minute) Archaea Energy said Monday it is being bought by BP PLC for $26 a share in cash, or a total enterprise value of $4.1 billion, includ...
Archaea Energy stock soars 51% premarket on news of takeover by BP in $4.1 billion all-cash deal
Archaea Energy Inc. LFG, -4.90% said Monday it has entered an agreement to be acquired by BP PLC BP, -2.63% for about $4.1 billion in cash including about $800 million of debt. The cash consideration ...
Luna Foundation Guard (LFG) Claims No Fixed Timeline For Returning User Funds
TerraUSD’s de-pegging from the dollar marked the first time when the algorithmic stablecoin slipped below $1 since it embarked on a highly-publicized bid to build Bitcoin and Avalanche reserves. This ...
LFG Says No Timeline To Compensate Affected Terra USD (UST) Users, as Allocation not possible Currently
– Advertisement – LFG is not compensating users soon. The Luna Foundation Guard has mentioned that the dispersion of its remaining assets to affected investors is impossible now, noting th...
Luna Foundation Guard denies reports it moved bitcoin
The Twitter account for Singapore-based non-profit Luna Foundation Guard (LFG) refuted a CoinDesk report and denied the creation of wallets after May 2022. “LFG hasn’t created any new wallets or moved...
Here’s Why Luna Foundation Gaurd (LFG) Might Not Be Honest About Their Bitcoin Reserves!
Recently, the Luna Foundation Guard’s Bitcoin holdings have drawn a lot of attention from the crypto community. Previously, it was assumed that Do-Kwon, the founder, transferred more than 3000 BTC, wh...
FatMan Leans Toward Do Kwon, Believes Terra Founder Did Not Transfer Any Bitcoin From The LFG
– Advertisement – FatMan Trusts Do Kwon on 3K Bitcoin transfer issue. Do Kwon and the LUNA Foundation Guard (LFG) have refuted claims that the LFG moved any Bitcoin in response to the So...
Do Kwon, LFG deny cashing out 3313 BTC
Terraform Labs co-founder Do Kwon and Luna Foundation Guard (LFG) have denied reports that the foundation moved to sell 3313 BTC worth over $69 million via KuCoin and OKX crypto exchanges. Data analyt...
80,000 Bitcoins Dumped By Terra’s LFG Quickly Scooped Up By Hungry Entities ⋆ ZyCrypto
Advertisement     The Luna Foundation Guard (LFG) sold almost its entire bitcoin reserve in a failed attempt to stop the collapse of its native token LUNA and algorith...
Korea Is Turning Against Luna Head With The Police Requesting That The LFG Fund Be Frozen
The key distinction is that a branched blockchain shares its whole history with the parent chain, but Terra 2.0 will not. If the proposal (1623) is approved, a new Terra blockchain will be formed from...
Police announce orders to freeze LFG funds 1
The police in South Korea have issued a directive to crypto platforms to bar funds belonging to the LFG. According to the update, the body announced that requests had been sent to the platforms to hal...
Korea Turns Against Luna Head as Police Request LFG Fund Freeze
South Korea is starting to turn the screws on Terraform Labs and Luna CEO Do Kwon as UST stablecoin saga takes another twist. The 30-year-old Korean is being asked to account for the collapse of the $...
Korean Police Request LFG Asset Freeze: KBS
Key Takeaways South Korean authorities have asked crypto exchanges to freeze assets linked to the Luna Foundation Guard, KBS has reported. It comes after LFG faced questions over how it had spent its ...
LFG Swapped Over 80k BTC for $UST Soon After Stablecoin Lost Peg – crypto.news
On May 16, Wu Blockchain reported that the LFG currently holds a reserve of merely 313 BTC. The announcement came after LFG noted that they converted most of their reserves when UST began to lose its ...
LFG Unpacks Bitcoin Activity During LUNA, UST Collapse
The Luna Foundation Guard (LFG), the non-profit organization overseeing the Terra ecosystem, said that its Bitcoin reserves dropped by more than 80,000 BTC over the last week. Per LFG’s Twitter thread...
After Only 313 Bitcoin Remaining with LFG, Is BTC Price in Safe Hands Now?
The Luna Foundation recently released a statement citing the balances on their reserves as the platform’s Bitcoin reserves made a huge noise of let. The thread documented how the platform disbursed mi...
Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a crash in the $20,000 range, the latest analysis warns. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingVie...