You can be sure that Terra Classic assets belonging to TFL will be burned. As part of the agreement with the SEC, TFL is obligated to burn Terra and Terra Classic assets.
In this context, they immediately burned $LUNA. I believe the delay regarding $LUNC and $USTC is related to the legal process.
The same situation existed with Luna Foundation assets. The burn was delayed but it happened. TFL's burns will also happen soon.
#TerraClassic