The Avalanche Foundation has announced an exciting plan to repurchase all AVAX tokens sold to Luna Foundation Guard (LFG) before April 2022. 🚀💰

This buyback, which involves 1.97 million AVAX, is currently waiting for the green light from the bankruptcy court. ⚖️⏳

In a social media post, the Avalanche Foundation shared the details: “We’ve reached an agreement to repurchase all AVAX tokens previously sold to Luna Foundation Guard (LFG) in April 2022 and are now awaiting court approval.” 📝🔄

The goal of this move is to ensure that LFG sticks to the original terms of the token agreement and to protect AVAX from any issues that might pop up during the bankruptcy process. By bringing these tokens back, the Avalanche Foundation is also looking to boost its own assets and strengthen its ability to support the growth of the Avalanche ecosystem. 🌱💎

If approved, this decision will return 1.97 million AVAX tokens to the foundation, empowering them to drive future projects and continue expandin

g the blockchain’s potential. 💪📈 #Avax🔥🔥 #Cryptocurrencies #Altcoins👀🚀 #BinanceSquareFamily #CryptoNewss