Stellar Foundation Nicked by Genesis Bankruptcy With $13M Claim

According to its website, the “Stellar Development Foundation currently holds 30 billion XLM to be used for promoting and enhancing Stellar.” At current prices, Stellar’s holdings of its native XLM token place the paper value of its treasury above $200 million.

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• Source: https://www.coindesk.com/tech/2023/01/20/stellar-foundation-nicked-by-genesis-bankruptcy-with-13m-claim/?utm_medium=referral&utm_source=rss&utm_campaign=headlines