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Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022

October 14, 2024 by DIGIT

In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million. Go to Source

Categories Avalanche Foundation, AVAX, Bankruptcy Case, negotiation, Repurchase Agreement, Settlement, Terra Luna Foundation Guard, terraform labs


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  • bitcoinBitcoin(BTC)$68,421.00-2.78%
  • ethereumEthereum(ETH)$1,963.03-6.13%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$1.46-7.74%
  • binancecoinBNB(BNB)$612.85-3.72%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$84.79-5.55%
  • tronTRON(TRX)$0.279567-0.77%
  • dogecoinDogecoin(DOGE)$0.101950-11.08%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%