What Happened to the Luna Foundation Guard’s Bitcoin Billions?

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/buy-crypto?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_may22"> <em><span style= "font-weight: 400;">Nexo.io</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://near.org/?utm_source=Breakdown%20Podcast&utm_medium=Podcast"> <em><span style="font-weight: 400;">NEAR</span></em></a> <em><span style="font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em><span style= "font-weight: 400;"> </span></p> <p><span style="font-weight: 400;">The Luna Foundation Guard (LFG) was created to build a bitcoin collateral backstop for the UST stablecoin. As UST began to lose its peg, the LFG’s BTC started to move. Firms like Elliptic were able to trace it only so far, but then no farther. It wasn’t until Monday morning the LFG officially commented, but some are still hungry for more information. </span></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://nexo.io/buy-crypto?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_may22"> <strong><em>Nexo</em></strong></a> <em><span style= "font-weight: 400;">is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to</span></em> <a href= "https://nexo.io/buy-crypto?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_may22"> <em><span style="font-weight: 400;">nexo.io</span></em></a> <em><span style="font-weight: 400;">and get started now. </span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://near.org/?utm_source=Breakdown%20Podcast&utm_medium=Podcast"> <strong><em>NEAR</em><