Lol, while prosecutors demand 12 years for the creator of Terra, the crowd in Square discusses $LUNC at a price of $100 and the next rise #dyor
LUNC
0.0000594
+18.25%
U.S. prosecutors are seeking 12 years in prison for Terraform Labs co-founder Do Kwon for fraud that caused the collapse of TerraUSD with losses of $40 billion; sentencing is expected on December 11 in New York. The collapse of Terra in May 2022 triggered a global cryptocurrency market crash, destroying trust in algorithmic stablecoins and accelerating the tightening of regulations. This case could set a precedent for applying traditional financial law norms to crypto executives, increasing the focus on systemic risks in the industry.
LUNA
0.1509
+47.07%
