- Brazil-based crypto exchange Nox Bitcoin announced it will spend 620.000 Brazilian reais to reimburse UST holders, crypto news outlet Portal do Bitcoin reported.
- The exchange will make up the difference between the current value of UST to ensure each UST holder has $1 for each 1 UST held.
- The exchange does not appear to have any insurance or guarantee that would require it to reimburse holders.
[Via]