f@#k do kwon.. he isn't associated with #LUNC anymore
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Crypto TruthSayer
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$LUNC and $LUNA DIES TODAY as Co-Founder, Do Kwon is considering pleading GUILTY of the collapse of Terralabs.
U.S. Government & SEC Charges and Settlement
• In February 2023, the U.S. Securities and Exchange Commission (SEC) filed a civil lawsuit against Terraform Labs and Do Kwon, accusing them of securities and fraud violations for misleading investors about products like TerraUSD (UST), LUNA, and others.
A U.S. jury in April 2024 found both Terraform Labs and Kwon liable for defrauding investors.  
• Terraform Labs and Kwon agreed to a massive settlement—totaling roughly $4.47–$4.55 billion—which includes disgorgement, civil penalties, and contributions to the bankruptcy estate.
On August 11, 2025, a New York court scheduled a hearing indicating Kwon may change his plea to guilty, despite previously pleading not guilty. 
U.S. Government & SEC Charges and Settlement
• In February 2023, the U.S. Securities and Exchange Commission (SEC) filed a civil lawsuit against Terraform Labs and Do Kwon, accusing them of securities and fraud violations for misleading investors about products like TerraUSD (UST), LUNA, and others.
A U.S. jury in April 2024 found both Terraform Labs and Kwon liable for defrauding investors.  
• Terraform Labs and Kwon agreed to a massive settlement—totaling roughly $4.47–$4.55 billion—which includes disgorgement, civil penalties, and contributions to the bankruptcy estate.
On August 11, 2025, a New York court scheduled a hearing indicating Kwon may change his plea to guilty, despite previously pleading not guilty. 
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