In Manhattan today (Dec 11, 2025), Terraform Labs co-founder Do Kwon was sentenced to 8 years in prison in the U.S. federal court for fraud and conspiracy tied to the $40 billion Terra/LUNA collapse. The judge called it a “colossal scam” that misled investors, but credited time he already served. As part of his plea deal, he will forfeit about $19 million.
📉 Prosecutors had sought a 12-year sentence, while the defense pushed for 5 years; sentencing landed in the middle.
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📊 MARKET ACTION (Dec 11, 2025)
$LUNA (Terra)
Despite the legal news, Terra’s native token is surging strong: showing a major uptick this week on renewed trader interest and relief sentiment.
$LUNC (Terra Luna Classic)
Terra Classic has also been rallying, with ~90% weekly gains before today and heavy trading volumes reported across markets.
$BNB (Binance Coin)
Included for context — broad crypto markets staying lively but BNB not directly tied to the Terra event.
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📈 What’s Driving the Rally?
✅ Traders see the sentencing as closure to long-running legal uncertainty.
✅ LUNA has been climbing sharply this week (~+180% + over past 7 days).
✅ LUNC is also up significantly on burn activity and renewed attention.
✅ Network upgrades and technical catalysts likely fueling optimism.
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🧠 Context Reminder
Do Kwon’s 2022 collapse of TerraUSD / LUNA wiped out ~$40 billion in market value and sent shockwaves through crypto markets.
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📲 Suggested Social Post Format (Clean & Verified)
🚨 OFFICIAL: Do Kwon sentenced to 8 years in U.S. court for fraud tied to the $40B Terra collapse — Judge called it a “colossal scam.” He’ll forfeit ~$19M as part of his plea. ⚖️
📊 Meanwhile markets are RALLYING:
🔥 $LUNA – major weekly gains as traders react to legal closure.
📈 $LUNC – strong rebound with high volume.
📍 Crypto saying: “Phoenix Era!” or “Relief Rally!” 🚀
Tag a $friend who didn’t believe this could happen! 😄$
