..Breaking:
In 2022, the TerraUSD and LUNA crash wiped out billions of dollars.
💡 Founder Do Kwon sold it as “safe,” but the system proved unsustainable.
⚖️ Admitted fraud in the U.S., agreed to forfeit $19M, sentencing in December — facing up to 25 years in prison.
This could weaken trust in stablecoins and trigger stricter regulations.
follow and like