Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
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.
Post from: Cointelegraph.com News
Tags: Terra Luna Foundation Guard, Terraform Labs, Avalanche Foundation, AVAX, Repurchase Agreement, Bankruptcy Case, Negotiation, Settlement