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Distribution of assets is ‘not possible at this time:’ Luna Foundation Guard

In an Oct. 7 Twitter thread, LFG cited “ongoing and threatened litigation” in its reasons for being unable to distribute its remaining assets to UST users, starting with the smallest hodlers. The fund’s reserves held more than $4 billion in assets prior to the market downturn in May, an amount that has dropped to roughly $105 million at the time of publication.

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Source: Cryptocurrency - investing.com

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