Tomorrow, Do Kwon — the controversial founder of Terraform Labs — will face a U.S. federal court hearing that could see him change his plea agreement.
It’s been a long road since LUNA’s 2022 collapse, which erased billions in value in just days and shook the entire crypto market. Since then, Kwon has been on the run, caught in Montenegro with a fake passport, and hit with charges in both the U.S. and South Korea.
Why does this matter? Because tomorrow’s outcome could swing sentiment fast.
A tough court ruling could pressure prices lower.
A favorable deal could spark a short-term recovery rally.
This is more than legal drama — it’s a market-moving event that could inject serious volatility into LUNA and LUNC. Holders should be ready for quick moves in either direction.
