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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)$109,185.000.90%
  • ethereumEthereum(ETH)$2,571.312.02%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.272.28%
  • binancecoinBNB(BNB)$663.131.04%
  • solanaSolana(SOL)$152.042.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2872271.48%
  • dogecoinDogecoin(DOGE)$0.1719554.51%
  • staked-etherLido Staked Ether(STETH)$2,570.702.01%
  • bitcoinBitcoin(BTC)$109,185.000.90%
  • ethereumEthereum(ETH)$2,571.312.02%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.272.28%
  • binancecoinBNB(BNB)$663.131.04%
  • solanaSolana(SOL)$152.042.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2872271.48%
  • dogecoinDogecoin(DOGE)$0.1719554.51%
  • staked-etherLido Staked Ether(STETH)$2,570.702.01%
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  • bitcoinBitcoin(BTC)$109,185.000.90%
  • ethereumEthereum(ETH)$2,571.312.02%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.272.28%
  • binancecoinBNB(BNB)$663.131.04%
  • solanaSolana(SOL)$152.042.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2872271.48%
  • dogecoinDogecoin(DOGE)$0.1719554.51%
  • staked-etherLido Staked Ether(STETH)$2,570.702.01%
  • bitcoinBitcoin(BTC)$109,185.000.90%
  • ethereumEthereum(ETH)$2,571.312.02%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.272.28%
  • binancecoinBNB(BNB)$663.131.04%
  • solanaSolana(SOL)$152.042.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2872271.48%
  • dogecoinDogecoin(DOGE)$0.1719554.51%
  • staked-etherLido Staked Ether(STETH)$2,570.702.01%