On July 14th, the Lagrange Foundation tweeted, "We are aware of the price fluctuations of the $LA token. To address this, the Lagrange Foundation announces that it may conduct $LA token buybacks in the future to help stabilize the price. After the buyback occurs, it will be disclosed to the community in a timely manner. Any repurchased $LA tokens will be held by a regulated custodian or prime brokerage account."
[BlockBeats]