ChainCatcher message, the Luna Foundation Guard (LFG) of the Terra Foundation tweeted that in order to enhance the security of funds, it is preparing to transfer the assets stored in the LFG multi-signature wallet to a direct custody solution in the coming days. To maintain transparency and traceability, LFG funds can continue to be tracked on the LFG reserve dashboard.

ChainCatcher news, according to DL News, dozens of DeFi users and members of the Terra Classic community have accused Andalusia Labs, behind the DeFi protocol Karak, of stealing 200 million USTC tokens (worth about $7 million at the time) from the Terra ecosystem months after the collapse of the Terra ecosystem in 2022.It is reported that the Terra Classic vote requested the return of funds used to provide insurance for UST through Ozone, recovering 800 million USTC controlled by the Terra community's multi-signature wallet. Karak responded that the tokens were "granted" by the Terra Foundation, did not involve user funds, and did not acknowledge the governance proposal requesting their return.

Chain Catcher news, the Luna Foundation Guard (LFG) of the Terra Foundation tweeted that due to legal threats, it is currently unable to distribute the remaining assets of LFG to users affected by the decoupling. However, the foundation's goal remains to distribute the remaining assets of LFG to small holders of UST.The Luna Foundation Guard stated in May this year that the foundation is seeking to use the remaining assets to compensate UST users, prioritizing compensation for small holders first. (Source link)