The Luna Foundation Guard announced reason for the delay in investor compensation

On October 7, 2022, Luna Foundation Guard, the non-profit organization created to foster the growth of the Terra ecosystem, updated its Twitter following on why it hasn’t yet reimbursed UST holders after the stablecoin crashed in May 2022.

The Luna Foundation Guard stated that “Due to ongoing and threatened litigation, distribution is not possible at this time. While these matters are outstanding, there can be no timeline established for resolution.”