Dokwon
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⭐️🌟👉This coin has GREAT Potential!!🌙
FOLLOW ME! 😇
LUNC is the native token of Terra Classic 🌎 blockchain created in 2018 by Terraform Labs to stabilize stablecoins like UST.🪙
After the collapse of UST in May 2022,💸💸 which plummeted its value, the chain forked into Terra Classic $LUNC and Terra 2.0 $LUNA
With ~6.9 trillion tokens, the community drives burns to reduce supply and projects like LUNC Verse to revitalize the ecosystem. 🔥💥
Used in staking and governance, it competes with other blockchains.📈💪
It is ideal for short-term trading or HODL if the ecosystem improves. It is traded on Binance and stored in Terra Station or Ledger. 🥶
What do you think about LUNA? I'm listening to you 😇😊
#LUNC✅
#DoKwon
#UST
#MarketRebound
#LUNCDream
FOLLOW ME! 😇
LUNC is the native token of Terra Classic 🌎 blockchain created in 2018 by Terraform Labs to stabilize stablecoins like UST.🪙
After the collapse of UST in May 2022,💸💸 which plummeted its value, the chain forked into Terra Classic $LUNC and Terra 2.0 $LUNA
With ~6.9 trillion tokens, the community drives burns to reduce supply and projects like LUNC Verse to revitalize the ecosystem. 🔥💥
Used in staking and governance, it competes with other blockchains.📈💪
It is ideal for short-term trading or HODL if the ecosystem improves. It is traded on Binance and stored in Terra Station or Ledger. 🥶
What do you think about LUNA? I'm listening to you 😇😊
#LUNC✅
#DoKwon
#UST
#MarketRebound
#LUNCDream
South Korea is preparing to allow stablecoins. South Korea may also issue its own digital currency. Terra (now Terra Classic) built by Do Kwon will be the best option. Are you ready for a big boost in $LUNC and $USTC? Do Kwon’s value will be clear soon… Put on your bull hats.
😉
#LUNC #USTC #Bullish #dokwon
😉
#LUNC #USTC #Bullish #dokwon
"I’ve always had faith in Do Kwon. He’s not a fraud but a visionary who created a brilliant system and was made a scapegoat for larger forces at play. I hope he’s fully exonerated and makes a strong comeback. He deserves justice. #LUNC #TERRACLASSIC #DoKwon
$LUNC
$LUNA
$LUNC
$LUNA
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Do Kwon will appear before the judge in hours. We are curious about the outcome of the hearing that crypto pages will follow with interest.
The decision to be made regarding Do Kwon will be important for $LUNC , $USTC and $LUNA.
The accountability for the LUNA and UST collapse that took place 2.5 years ago will be asked today. Is Do Kwon a fraud? Is he at fault?
The judge will make his decision as a result of the case and we will get our answers...
#TerraClassic #Terra #DoKwon #LUNC #LUNA $LUNC
The decision to be made regarding Do Kwon will be important for $LUNC , $USTC and $LUNA.
The accountability for the LUNA and UST collapse that took place 2.5 years ago will be asked today. Is Do Kwon a fraud? Is he at fault?
The judge will make his decision as a result of the case and we will get our answers...
#TerraClassic #Terra #DoKwon #LUNC #LUNA $LUNC
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The supplemental indictment of Do Kwon includes the charge of money laundering
The co-founder of Terraform Labs has been charged with eight counts in 2023 but is likely to face an additional charge of conspiracy to commit money laundering.
The U.S. Attorney's Office revealed additional charges against Terraform Labs co-founder Do Kwon after he was extradited from Montenegro: conspiracy to commit money laundering.
In the supplemental indictment released on January 2 in the U.S. District Court for the Southern District of New York, U.S. Attorney Damian Williams accused Kwon of conspiring with others to commit money laundering.
According to the U.S. Attorney, the co-founder of Terraform facilitated transactions worth over $10,000 on this platform “knowing that the assets involved in certain financial transactions were proceeds from certain forms of illegal activity.”
The charge of money laundering is part of the amended indictment that was not initially filed as part of the original indictment consisting of eight counts against Kwon in March 2023. Prosecutors filed the sealed indictment in May 2024, and a judge ordered the indictment to be made public during Kwon's trial on January 2.
The co-founder of Terraform Labs has been charged with eight counts in 2023 but is likely to face an additional charge of conspiracy to commit money laundering.
The U.S. Attorney's Office revealed additional charges against Terraform Labs co-founder Do Kwon after he was extradited from Montenegro: conspiracy to commit money laundering.
In the supplemental indictment released on January 2 in the U.S. District Court for the Southern District of New York, U.S. Attorney Damian Williams accused Kwon of conspiring with others to commit money laundering.
According to the U.S. Attorney, the co-founder of Terraform facilitated transactions worth over $10,000 on this platform “knowing that the assets involved in certain financial transactions were proceeds from certain forms of illegal activity.”
The charge of money laundering is part of the amended indictment that was not initially filed as part of the original indictment consisting of eight counts against Kwon in March 2023. Prosecutors filed the sealed indictment in May 2024, and a judge ordered the indictment to be made public during Kwon's trial on January 2.
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Wait for everything in $LUNC, $USTC, and $LUNA on the Terra and Terra Classic side unless you see delistings...
The Terra team is among the most experienced and influential teams in the cryptocurrency space. The fact that their leader, Do Kwon, is currently imprisoned does not mean that Terra is finished...
TFL is in bankruptcy proceedings and they are shutting down the company, but they continue their work under an initiative called the Phoenix Directive. The Terra teams know everything about cryptocurrencies. If they hadn't been attacked, they would have launched a blockchain that could surpass Ethereum. They have seen both the best and the worst...
They will definitely showcase this experience. After the collapse, CZ made offers to these teams, but these developers did not abandon Terra.
➖ You can be sure that TFL, which can establish corporate memory by partnering with a giant law firm like Dentons, will return after the court proceedings, even if under different names.
What we have written is definitely not an investment advice. Anything can happen with #LUNC, #USTC, and #LUNA. This is a den of wolves...
#Terra #TerraClassic #DoKwon $LUNC
The Terra team is among the most experienced and influential teams in the cryptocurrency space. The fact that their leader, Do Kwon, is currently imprisoned does not mean that Terra is finished...
TFL is in bankruptcy proceedings and they are shutting down the company, but they continue their work under an initiative called the Phoenix Directive. The Terra teams know everything about cryptocurrencies. If they hadn't been attacked, they would have launched a blockchain that could surpass Ethereum. They have seen both the best and the worst...
They will definitely showcase this experience. After the collapse, CZ made offers to these teams, but these developers did not abandon Terra.
➖ You can be sure that TFL, which can establish corporate memory by partnering with a giant law firm like Dentons, will return after the court proceedings, even if under different names.
What we have written is definitely not an investment advice. Anything can happen with #LUNC, #USTC, and #LUNA. This is a den of wolves...
#Terra #TerraClassic #DoKwon $LUNC
#DoKwon 🫂🤲
TerraHaberTR
--
Zack Guzman, who announced that Trump's crypto guru David Sacks will join his team, is closely following the Do Kwon case.
He has been aware of the process since the first day of the LUNA/UST collapse. After today's hearing, he shared an important detail.
Following the one-month extension of the decision hearing; "The race for a pardon from Trump has been extended for another month," he said.
Will Do Kwon benefit from Trump's pardon? We don't know. However, we believe there are significant details beneath Zack Guzman's message.
#LUNC #USTC #DoKwon #TerraClassic
He has been aware of the process since the first day of the LUNA/UST collapse. After today's hearing, he shared an important detail.
Following the one-month extension of the decision hearing; "The race for a pardon from Trump has been extended for another month," he said.
Will Do Kwon benefit from Trump's pardon? We don't know. However, we believe there are significant details beneath Zack Guzman's message.
#LUNC #USTC #DoKwon #TerraClassic
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🚨 Breaking News: Do Kwon Pleads Not Guilty in US Court to Fraud Charges 🚨
In a dramatic development, Terraform Labs co-founder Do Kwon has pleaded not guilty to fraud charges in a US court today. ⚖️
Kwon, once hailed as a visionary in the cryptocurrency space, is now facing serious allegations related to the collapse of TerraUSD and LUNA. These crypto tokens lost billions of dollars in value, devastating thousands of investors. 😔💸
The charges against him include wire fraud, conspiracy, and market manipulation, all related to his role at Terraform Labs. The collapse rocked the crypto community 🌐, shaking investor confidence and leaving many asking: Could this be the end of an era for the unregulated crypto world? 💥🔗
Kwon, once hailed as a visionary in the cryptocurrency space, is now facing serious allegations related to the collapse of TerraUSD and LUNA. These crypto tokens lost billions of dollars in value, devastating thousands of investors. 😔💸
The charges against him include wire fraud, conspiracy, and market manipulation, all related to his role at Terraform Labs. The collapse rocked the crypto community 🌐, shaking investor confidence and leaving many asking: Could this be the end of an era for the unregulated crypto world? 💥🔗
JUST IN:
SEC pursues over $5 billion penalty against Do Kwon and Terraform Labs.
Follow for the latest.
#SECCrypto #dokwon #TerraformLabs
SEC pursues over $5 billion penalty against Do Kwon and Terraform Labs.
Follow for the latest.
#SECCrypto #dokwon #TerraformLabs
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May 2022, the incident happened so fast at that time how much money did you lose on terra luna….
$LUNC $LUNA #dokwon #TerraLabs #TerraEcosystem #TerraClassic
$LUNC $LUNA #dokwon #TerraLabs #TerraEcosystem #TerraClassic
Supporting Do Kwon: A Visionary Who Deserves Justice
$LUNC
Throughout the events surrounding the Terra collapse, I’ve remained steadfast in my belief in Do Kwon. Contrary to the widespread narrative, I don’t view him as a fraud; instead, I see him as a visionary who developed an innovative system, one that was ahead of its time. While the project faced a catastrophic downfall, I believe the blame lies deeper, perhaps within larger, more complex forces that go beyond Do Kwon’s actions.
#DoKwon #VisionaryLeader #CryptoInnovation
$LUNC
Throughout the events surrounding the Terra collapse, I’ve remained steadfast in my belief in Do Kwon. Contrary to the widespread narrative, I don’t view him as a fraud; instead, I see him as a visionary who developed an innovative system, one that was ahead of its time. While the project faced a catastrophic downfall, I believe the blame lies deeper, perhaps within larger, more complex forces that go beyond Do Kwon’s actions.
#DoKwon #VisionaryLeader #CryptoInnovation
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High-profile cryptocurrency criminals welcome the new year behind bars
The new year brings a fresh start for many, but for some individuals who were once at the center of the cryptocurrency industry, this is a time to face the consequences of their wrongdoing. Below is a list of some prominent figures in the cryptocurrency space who are serving prison sentences:
1. Sam Bankman-Fried (SBF)
Charge: Fraud, conspiracy, and money laundering.
Sentence: 25 years in prison.
Incarceration location: Metropolitan Detention Center, Brooklyn, New York.
1. Sam Bankman-Fried (SBF)
Charge: Fraud, conspiracy, and money laundering.
Sentence: 25 years in prison.
Incarceration location: Metropolitan Detention Center, Brooklyn, New York.
🌖 Terra Collapse May Have Impacted a Million Victims, Feds Allege in Do Kwon Case
The Terra ecosystem collapse in 2022 didn't make as many headlines as #Ftx❓ , but the total number of victims could exceed 1 million, according to new court documents.
The documents filed this week allege that the number of victims of disgraced crypto mogul, Terraform Labs founder #DoKwon , is “difficult to precisely quantify.”
Kwon last week pleaded not guilty in a New York court to U.S. criminal charges including fraud over the collapse of the Terra crypto ecosystem. His crypto project went up in smoke in 2022, leaving a $40 billion black hole and many investors out of pocket.
“Given the number of potential victims in this case, the government respectfully submits that it is impracticable to give individualized notice to each potential victim,” a Monday court document read.
It added that the government believes that the number of victims “exceeds hundreds of thousands of individuals and entities, and potentially totals more than 1 million.”
Kwon founded the crypto ecosystem Terra, which had the flagship $LUNA
token and TerraUSD (UST) algorithmic stablecoin as its main products. Investors used it as a gateway into the world of decentralized finance, or DeFi, and LUNA quickly became one of the most valuable crypto coins on the market.
But the UST stablecoin couldn’t keep its stable peg to the U.S. dollar, and the entire ecosystem collapsed, wiping its market cap out very quickly.
Authorities now allege that Kwon conned investors into a sham project to enrich himself. Feds in both the U.S. and Korea have hit him with criminal charges. In the U.S., Kwon is facing nine criminal charges, including securities, wire, and commodities fraud, plus conspiracy to commit money laundering.
“Behind the scenes, core Terraform products did not work as Kwon advertised, and were manipulated to create the illusion of a functioning and decentralized financial system in order to lure investors,” the Monday document read.
Terra collapsed ahead of FTX’s own bankruptcy in 2022. FTX, once a huge crypto brand that allowed users to buy and sell digital coins and tokens, quickly collapsed due to criminal mismanagement.
Following a much-publicized criminal trial, co-founder Sam Bankman-Fried is now serving a 25-year sentence for his part in the collapse of his crypto company. His attorneys have appealed the judgment, claiming an unfair trial.
#ReboundOutlook
The documents filed this week allege that the number of victims of disgraced crypto mogul, Terraform Labs founder #DoKwon , is “difficult to precisely quantify.”
Kwon last week pleaded not guilty in a New York court to U.S. criminal charges including fraud over the collapse of the Terra crypto ecosystem. His crypto project went up in smoke in 2022, leaving a $40 billion black hole and many investors out of pocket.
“Given the number of potential victims in this case, the government respectfully submits that it is impracticable to give individualized notice to each potential victim,” a Monday court document read.
It added that the government believes that the number of victims “exceeds hundreds of thousands of individuals and entities, and potentially totals more than 1 million.”
Kwon founded the crypto ecosystem Terra, which had the flagship $LUNA
token and TerraUSD (UST) algorithmic stablecoin as its main products. Investors used it as a gateway into the world of decentralized finance, or DeFi, and LUNA quickly became one of the most valuable crypto coins on the market.
But the UST stablecoin couldn’t keep its stable peg to the U.S. dollar, and the entire ecosystem collapsed, wiping its market cap out very quickly.
Authorities now allege that Kwon conned investors into a sham project to enrich himself. Feds in both the U.S. and Korea have hit him with criminal charges. In the U.S., Kwon is facing nine criminal charges, including securities, wire, and commodities fraud, plus conspiracy to commit money laundering.
“Behind the scenes, core Terraform products did not work as Kwon advertised, and were manipulated to create the illusion of a functioning and decentralized financial system in order to lure investors,” the Monday document read.
Terra collapsed ahead of FTX’s own bankruptcy in 2022. FTX, once a huge crypto brand that allowed users to buy and sell digital coins and tokens, quickly collapsed due to criminal mismanagement.
Following a much-publicized criminal trial, co-founder Sam Bankman-Fried is now serving a 25-year sentence for his part in the collapse of his crypto company. His attorneys have appealed the judgment, claiming an unfair trial.
#ReboundOutlook
🚨 Do Kwon Pleads Not Guilty in Terra Fraud Case 🚨
Do Kwon, co-founder of Terraform Labs, has been extradited to the U.S. and is facing charges tied to the $40B Terra ecosystem collapse. Charges include securities fraud, wire fraud, money laundering, and commodities fraud.
📅 Next Step: A court conference is set for January 8, 2025, to address motions and evidence.
#DoKwon #FTX $ETH $BTC
Do Kwon, co-founder of Terraform Labs, has been extradited to the U.S. and is facing charges tied to the $40B Terra ecosystem collapse. Charges include securities fraud, wire fraud, money laundering, and commodities fraud.
📅 Next Step: A court conference is set for January 8, 2025, to address motions and evidence.
#DoKwon #FTX $ETH $BTC
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The hearings for the Do Kwon case have been postponed to January 2026, but a major conference hearing will take place next month...
This conference in April will discuss and debate all the details of the LUNA/UST collapse.
At this conference in April; Terra must be very transparent. They must expose those who carried out the attack, along with the evidence. We did not see this in the TFL-SEC case. They did not do it, but these things must happen in the Do Kwon case.
You saw CZ's tweet. It's time to play the cards openly...
#DoKwon #FTX #LUNC #USTC #LUNA $LUNC
This conference in April will discuss and debate all the details of the LUNA/UST collapse.
At this conference in April; Terra must be very transparent. They must expose those who carried out the attack, along with the evidence. We did not see this in the TFL-SEC case. They did not do it, but these things must happen in the Do Kwon case.
You saw CZ's tweet. It's time to play the cards openly...
#DoKwon #FTX #LUNC #USTC #LUNA $LUNC
Do Kwon Released from Montenegro Prison as Extradition Verdict Still Pending
Do Kwon, co-founder of Terraform Labs, has been released from prison in Montenegro while the extradition proceedings regarding his request to be extradited to the USA and South Korea are still ongoing, according to a report by Bloomberg citing officials from the prison system.
Doubts Surrounding Kwon's Extradition Decision:
His recent decision to be extradited to South Korea has been challenged by the top prosecutor of Montenegro. Recently, it has come to light that the highest prosecutor's office in Montenegro has transferred this case for review to the Supreme Court, citing irregularities.
Arrest of Do Kwon and the Collapse of the Terra Project:
Do Kwon was arrested in Montenegro in March 2023 when he was caught with a fake Costa Rican passport while attempting to travel to Dubai in the United Arab Emirates. Kwon was the architect of the failed crypto project TerraUSD stablecoin, which experienced a collapse along with LUNA, another token from the Terra project.
Extradition Decision and Investigation:
Both the USA and South Korea have requested Kwon's extradition, but the Minister of Justice of Montenegro favors extradition to South Korea. This decision has been contested by the top prosecutor of Montenegro. South Korean authorities are now actively seeking to prosecute Do Kwon for his alleged frauds and tax evasion.
Do Kwon has denied the accusations, claiming that the $40 billion collapse of the Terra ecosystem was a result of market forces and does not indicate any criminal activity.
#dokwon #terraformLabs
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Doubts Surrounding Kwon's Extradition Decision:
His recent decision to be extradited to South Korea has been challenged by the top prosecutor of Montenegro. Recently, it has come to light that the highest prosecutor's office in Montenegro has transferred this case for review to the Supreme Court, citing irregularities.
Arrest of Do Kwon and the Collapse of the Terra Project:
Do Kwon was arrested in Montenegro in March 2023 when he was caught with a fake Costa Rican passport while attempting to travel to Dubai in the United Arab Emirates. Kwon was the architect of the failed crypto project TerraUSD stablecoin, which experienced a collapse along with LUNA, another token from the Terra project.
Extradition Decision and Investigation:
Both the USA and South Korea have requested Kwon's extradition, but the Minister of Justice of Montenegro favors extradition to South Korea. This decision has been contested by the top prosecutor of Montenegro. South Korean authorities are now actively seeking to prosecute Do Kwon for his alleged frauds and tax evasion.
Do Kwon has denied the accusations, claiming that the $40 billion collapse of the Terra ecosystem was a result of market forces and does not indicate any criminal activity.
#dokwon #terraformLabs
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
See original
The real test for $USTC will begin soon. With the market's return, we will also see the potential of #LUNC and #USTC.
We see that the manipulations attempted in USTC have so far been left behind and have fallen off the agenda. These manipulations and speculations will continue. Since there is no real leader in the Terra Classic chain, we will frequently encounter such situations.
The lawsuit of TFL with the SEC is nearing its end. We are not far from significant burns. We will see what will happen with the process related to LFG's funds. At this point, we cannot say anything definitive.
There is the subject of Do Kwon. There will be a conference in April, and the collapse of Terra will be attempted to be resolved in this conference hearing. A report will be produced. Depending on the evidence that emerges at this conference, Do Kwon's fraud case will take shape. We are sure that Do Kwon is not a fraudster, but it is also true that he is very culpable...
As a result, Do Kwon's process will extend until January 2026, but no decision made by Trump regarding crypto penalties will come as a surprise. These decisions will set a precedent for Do Kwon as well and provide an advantage.
#TerraClassic #DoKwon #LUNA #MarketPullback 38905592038
We see that the manipulations attempted in USTC have so far been left behind and have fallen off the agenda. These manipulations and speculations will continue. Since there is no real leader in the Terra Classic chain, we will frequently encounter such situations.
The lawsuit of TFL with the SEC is nearing its end. We are not far from significant burns. We will see what will happen with the process related to LFG's funds. At this point, we cannot say anything definitive.
There is the subject of Do Kwon. There will be a conference in April, and the collapse of Terra will be attempted to be resolved in this conference hearing. A report will be produced. Depending on the evidence that emerges at this conference, Do Kwon's fraud case will take shape. We are sure that Do Kwon is not a fraudster, but it is also true that he is very culpable...
As a result, Do Kwon's process will extend until January 2026, but no decision made by Trump regarding crypto penalties will come as a surprise. These decisions will set a precedent for Do Kwon as well and provide an advantage.
#TerraClassic #DoKwon #LUNA #MarketPullback 38905592038
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