For people to have confidence again, something very difficult after what happened, the first thing that Do Kwon, CEO of Luna-UST, would have to do would be to tell everyone where the 52,000 Bitcoins that are missing in reserves are. After that, what Do Kwon should do is step down as CEO. After that, half of the coin supply must be burned and the remaining part of the supply must be distributed to investors as compensation. But unfortunately none of that will happen.
the CEO, Mr Do Kwon, had explained on the Twitter community channel about the Bitcoin reserve plus other coin/tokens. This is the current state of Luna reserve posted on the Luna Twitter pages,
7/As of Saturday, May 7, 2022, the Luna Foundation Guard held a reserve consisting of the following assets:
· 80,394 $BTC
· 39,914 $BNB
· 26,281,671 $USDT
· 23,555,590 $USDC
· 1,973,554 $AVAX
· 697,344 $UST
· 1,691,261 $LUNA
8/ As of now, the Foundation’s remaining reserves consist of the following assets:
· 313 $BTC
· 39,914 $BNB
· 1,973,554 $AVAX
· 1,847,079,725 $UST
· 222,713,007 $LUNA (of which 221,021,746 is currently staked with validators).
please Twitter page for info and updates. thank you.