Elliptic said that the $3.5 billion in Bitcoins purchased by the foundation as a reserve became untraceable after it was moved to two cryptocurrencies.

If investors want to recover losses from the collapse of the block chain, they may want to know what happened to thecryptocurrencies held in reserve.

Elliptic said that the Luna Foundation Guard, or LFG, bought $3.5 billion of the virtual currency.

The foundation said it would use the reserve to purchase UST in order to maintain its one-to-one peg with the dollar. Elliptic said that the reserves were emptied over the next day.

Stablecoin remains under $1

Terra co-founder Do Kwon said the funds would be used to support the peg, and LFG wallet sent about $1.7 billion to a new address. It was not possible to trace the assets from when the entire amount was moved to a single account on the Gemini exchange.

Elliptic said that the remain Bitcoin reserves were moved on May 10 in a single transaction. The firm can't say whether the assets were sold or moved.

The Terra $45 billion face plant has created a crowd of people.