How much of Luna Foundation guard's bitcoin reserves are unaccounted for?

Over $1.2B of Luna Foundation Guard's bitcoin reserves remain unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers — Quick Take — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.

What is the Luna Foundation guard (LFG)?

Terra founder Do Kwon has also created the Luna Foundation Guard (LFG), a company that has one goal— to protect the UST peg. Every time it was facing a minor drop in the price, LFG was spending some amount of money from their $1.5 billion in Bitcoin reserves to buy UST until it went back to $1.

What is LBFGS?

LBFGS: limited memory version of BFGS, very popular 2 Outline Today: Proximal Newton method Backtracking line search Convergence analysis Notable examples Projected Newton method 3 Reminder: proximal gradient descent