🚨 Terra & Terra Classic Update – Do Kwon’s Case
Do Kwon has accepted all charges in his recent hearing as part of an agreement with authorities.
A final decision is expected on December 11, 2025.
📌 Key Points of the Agreement:
Max Penalty: 12 years
Fine: $19M
May remain free & be deported to South Korea
All assets seized, including:
Bank & exchange accounts
Crypto wallets
Funds from Luna Foundation & Terraform Labs (TFL)
Assets will be sold after objection period; proceeds recorded in the USA
No appeal allowed under this deal
💡 Big Questions Ahead:
Will TFL & Luna Foundation be sold?
Who might acquire them?
How will bankruptcy & liquidation unfold?
📊 LUNC & USTC Outlook:
If Terra Classic ends up in capable hands, LUNC & USTC could emerge stronger and reclaim market relevance.
Current Price:
LUNC: $0.00005843 ▼ 5.57%
