On October 12, the Avalanche Foundation announced that it had reached an agreement to repurchase all 1.97 million AVAX tokens sold to the LUNA Foundation (LFG) in April 2022, and is currently awaiting approval from the bankruptcy court. This move ensures that LFG will not violate the restrictions on the use of tokens in the original agreement and protects the tokens from the complexity of liquidation by the bankruptcy trustee, while returning 1.97 million AVAX to the holders of the foundation.