READ and EARN knowledge :

⚖️ Do Kwon Sentenced to 15 Years (Impact on Terra/UST)

Details:

Do Kwon, co-founder of Terraform Labs (creator of TerraUSD and Luna), has been sentenced to 15 years in prison in the U.S. for fraud related to the $40+ billion crypto collapse from 2022.

Crypto impact:

Broad negative sentiment for algorithmic stablecoins and risk-heavy projects.

Terra (LUNA) and Terra Classic may continue to struggle unless long-term rebuild narratives emerge.

Reinforces regulatory scrutiny and investor caution.

➡️ This news isn’t specific to one coin’s price but directly affects Terra ecosystem sentiment.

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