😶🌫️⚖️ DO KWON SAYS “I DID IT” — LUNA’s $40B Crash Full Circle! 💥😵💫
Wiped out a $40B ecosystem, went on the run, and now admits guilt. Crypto world? Shocked but not surprised. 😬
🚨 JUST IN:
Do Kwon pleads guilty to:
– Conspiracy to defraud
– Wire fraud
All tied to the LUNA/UST collapse that crushed $40B in value. 💸
🧠 Breakdown:
Confirms the system was flawed by design
Rare accountability moment in crypto
Could trigger investor compensation, lawsuits & tougher regulations 🔍
📊 Impact:
More scrutiny on algorithmic stablecoins
Retail investors getting cautious on high-yield claims
Regulators pushing for stricter rules in US & EU
📈 Predictions:
Sketchy altcoins may bleed as trust fades
Legal clarity may fuel safer DeFi projects
Exchanges that listed LUNA early might face backlash
💡 Survival Tips:
Too good to be true? It probably is 🧠
DYOR isn’t just a slogan, it’s survival
Back transparent teams & real utility
RIP to the LUNA hype era 🌑
Let’s hope this expensive lesson stops repeats.
$LUNA