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Terra backer says used up bulk of $4b reserves, will pay back ‘smallest’ holders with remainder

May 17, 2022 8:10 AM

Luna Foundation Guard, a Singapore-based non profit, spent the reserves in a failed bid to defend TerraUSD’s dollar peg last week.

Source : https://www.straitstimes.com/business/companies-markets/terra-backer-says-used-up-bulk-of-4b-reserves-will-pay-back-smallest-holders-with-remainder

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