The Luna Foundation Guard Allegedly Sent 52k Bitcoin to Gemini and 28k to Binance to Try Stabilize UST’s Peg

Summary: The crypto community has begun investigating the flow of the Luna Foundation Guard’s Bitcoin reserves during USTs depegging event According to one analysis, 52k Bitcoin was sent to Gemini and another 28k to Binance, but it is not clear if the assets were sold Another analysis by CryptoQuant states that 37k BTC moved from the LFG wallet to Gemini, but there was no significant increment in trade volume Bitcoin reserves held by the Luna Foundation Guard (LFG) have been […]