Luna Classic Community what happened to the $USTC LFG/TFL/Do Kwon bought???

Back in May 2022, when Terra was bleeding out, LFG/TFL/Do Kwon deployed their entire 80k BTC ($2.8B at the time) to defend $USTC.

They didn’t just sell into the market….

They did direct swaps:

• ~50M USDT/USDC → 50M UST
• 52k BTC to Jump Trading → 1.515B UST
• 33k BTC to TFL → 1.164B UST

—Total: 2.73 billion UST acquired on-chain, locked in wallets controlled by LFG/TFL/Do Kwon.

🚨Now here’s the part nobody is talking about yet…

Court order is crystal clear: any and all coins still held by LFG, TFL, or Do Kwon must be burned or the keys permanently destroyed.

50% of the supply of $USTC gets burned!!!

—So those 2.73 billion USTC are effectively sitting in a legal black hole.

Supply shock of that size for USTC has never seen. Repeg isn’t far away🔥