An important detail was shared from Do Kwon's conference hearing. Regulations regarding stablecoins are coming in the U.S. In this context; the passage of the GENIUS Act and the Clarity Act through Congress will have significant implications for the Do Kwon case...

The judge overseeing Do Kwon's case is focusing on this detail. He had highlighted this detail during the first hearing. In today's hearing, Judge Engelmayer also brought up the Genius Act and the Clarity Act.

If the GENIUS Act and the Clarity Act pass through Congress stating that stablecoins and cryptocurrencies are not securities, the manner in which Do Kwon is charged with securities fraud may change...

In short; we can say that Do Kwon's chances of release have strengthened... These laws will likely pass through Congress with strong support. The U.S. is implementing significant regulations regarding stablecoins. If these laws, personally monitored by Trump, pass, Do Kwon's chances of release will also increase...

Considering the time Do Kwon has been detained, we can say that the likelihood of his release has greatly increased.

Do Kwon's return would change the entire equation. It would have a huge impact on $LUNC, $USTC, and $LUNA. Exciting days await us.

#TerraClassic #FreeDoKwon #Bullish #Terra