On July 14th, the Lagrange Foundation tweeted that "Noting the fluctuation in the price of the $LA token, to address this situation, the Lagrange Foundation announced that it may conduct a future $LA token buyback to help stabilize the price. After the buyback takes place, it will be promptly disclosed to the community. Any bought-back $LA tokens will be held in custody by a regulated custodian or prime broker account."
[BlockBeats News]