South Korean police request exchanges freeze LFG related funds
Police in South Korea have contacted the country’s leading exchanges to freeze any funds linked to the embattled Luna Foundation Guard.
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Avalanche drops 30% on fears Terra's LFG will dump AVAX next
Luna Foundation Guard is emptying its crypto reserves to bring its stablecoin back to its $1-peg, risking a massive AVAX selloff.
LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves
LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST.
Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC
Business as usual for Bitcoin bull buyers continues out of hours Sunday, while price losses cool.