and what next with lunc, will this project be continued?
BRITNEY_S
--
*DO KWON SAID “I DID IT” 😶🌫️⚖️ — 40B LUNA CRASH COMES FULL CIRCLE! 😵💫💥*
Whew… you ever blow up a40B ecosystem, go on the run, and then finally say “OK, my bad”? Well, *Do Kwon just did.* And the crypto world is *stunned but not surprised*. 😬
🚨 *JUST IN:* Do Kwon has officially *pleaded guilty* to: – *Conspiracy to defraud* – *Wire fraud* All tied to the catastrophic collapse of *LUNA/UST* that wiped out *$40,000,000,000* in value 💸
🧠 *Let’s break it down:* – This plea confirms what many suspected: the entire system was *flawed by design* – It’s a *rare* moment of accountability in crypto – Could open the door for *investor compensation*, further lawsuits, and stricter *regulatory heat* 🔍
📊 *What it means for the space:* – Expect *more scrutiny on algorithmic stablecoins* – Retail investors might become more cautious with *high-yield promises* – Regulators will use this to *justify tighter controls*, especially in the US & EU
📈 *Predictions:* – *Altcoins with sketchy tokenomics* might bleed as trust gets shaken – Legal clarity could *pave the way for safer DeFi models* – Exchanges that listed LUNA early could face *reputational backlash*
💡 *Tips for surviving this cycle:* – If it sounds too good to be true… it probably is 🧠 – DYOR isn’t just a slogan — it's survival – Stick to *transparent teams* and *real utility*
RIP to the LUNA hype era 🌑 Let’s hope this lesson was expensive enough to *not repeat itself again*.
$LUNA
$USTC
$LUNC
#DoKwon #LUNA #CryptoNews #Web3
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.