Be aware of the risks of holding luna⚠️
Recently, there was news that Dokwon, who was previously arrested on suspicion of forging documents, was originally expected to be released from prison at the end of October or early November, but now this news has been shattered. Do Kwon's prison sentence has expired, but he needs to face extradition from the United States and South Korea. Although he himself filed an appeal and wanted to resist, unfortunately, the resistance was ineffective. Next, what he will face is not freedom, but the dilemma of losing freedom.
The incident was a mixed blessing for Do Kwon. If he comes out, although he will be free, it will be short-lived. After all, many people are still making trouble for him, and he has also incurred too many debts. If he is extradited to South Korea or the United States, he may face the loss of freedom and the loss of his family fortune. Fortunately, he can be safe under the protection of South Korea and the United States.
It should be noted that some people in the market have begun to hype Do
Kwon's release from prison will be good for Luna, but in fact it is just a false hope. Do Kwon's sentence has expired, and he needs to face the fate of extradition, not freedom. Therefore, investors need to remain rational and not be influenced by such false news and make wrong investment decisions.