FatMan

Any chance TFL could have a whip round and donate some of their profits from this year to top-up the balance for the UST compensation plan..?

We are down $30 billion this year

Have you sold the bitcoin that was in your reserves?

All but 313 btc was used to defend ust peg

Are there any plans to release trade logs? Counterparties that were involved, any potential conflicts of interest, the exact details of the OTC blocks? This is one of the major transparency issues that needs to be dealt with given potential VC/board COI.

We dont control the trade logs of trading partners’ granular trade execution - this is not how MM arrangements typically operate. But the amount of UST lfg purchased maps to the amount of BTC expended.

Sorry to sound cynical, but this feels like a cop out. This isn't about the trade structure. Who were the MMs you worked with? Did they have any sway over the board? Which VCs were allowed to cash out their UST/LUNA tranches, if such a thing happened internally? Any logs?

No vcs were allowed to cash out anything - no backroom deals of any kind exist. we are trying to see if we can name counterparties in the trades, but confidentiality will need to be waived for us to be able to do this