The Avalanche Foundation has completed the repurchase of $52 million worth of $AVAX tokens from the $Luna Foundation Guard. This marks the end of Avalanche's relationship with the collapsed Terra blockchain. With permission from the bankruptcy court, the Avalanche Foundation repurchased 1.97 million $AVAX tokens. This repurchase aims to support the development of the Avalanche ecosystem, including funding, incubators, and community activities. Do Kwon and Terraform Labs were previously held liable for $4.47 billion in civil damages for defrauding investors.