đ¨ The $40 Billion Collapse That Shook Crypto Forever đ¨
In 2022, one of the darkest moments in crypto history unfolded â the Terra/LUNA crash.
At the center? Do Kwon, a South Korean entrepreneur who once promised a revolutionary decentralized financial future. Instead, his algorithmic stablecoin UST lost its peg, dragging down $LUNA with it â and evaporating $40 billion in the process.
đť Investors were blindsided.
đŞď¸ The market entered a death spiral.
đ Trust in DeFi took a massive hit.
Originally launched through Terraform Labs (co-founded with Daniel Shin), the project had major backers: Binance, Pantera, Galaxy Digital, and more. With a slick whitepaper and an even slicker pitch, Terra looked unstoppable... until it wasnât.
Today, Do Kwon faces over 100 years in prison across multiple jurisdictions.
Yet against all oddsâŚ
đ˘ The Terra Classic community is still here.
đ ď¸ New devs, new proposals, and a burning desire for redemption.
Is this the end of an era â or the beginning of a real comeback?
#LUNC â #LUNCDream #TradersLeagueawidget #MarketRebounder #BinanceTGEXNY #BinanceAlphaAlert