😨 👮🏻 🚨 BREAKING URGENT ⋙ Do Kwon CONFESSES $40 BILLION Fraud ❗
The founder of Terra / $LUNA finally admitted guilt in the largest DeFi collapse in history
⚖️ THE FACTS
💥 Do Kwon confessed to two criminal charges in the U.S.
💰 $40 BILLION evaporated with TerraUSD/LUNA in May 2022
🏛️ Up to 135 years in prison was the original maximum sentence
📉 12 years recommended after plea deal with prosecutors
💸 $19 million in financial penalties
🎭 THE FALL OF THE "KING" DeFi
BEFORE » "TerraUSD is the most stable stablecoin on the market!"
AFTER: "What I did was wrong, I apologize..."
COLLAPSE TIMELINE
2021 » TerraUSD promises $1 forever
May 2022 » Total collapse in 72h
Mar 2023 » Arrested in Montenegro with fake documents
Jan 2025 » Extradited to the U.S.
NOW » COMPLETE CONFESSION
💭 REFLECTION FOR THE MARKET
🤔 Why does this MATTER to You ❓
✅ Regulation coming » Governments will no longer tolerate
✅ DYOR is VITAL » Miraculous promises = red flag
✅ Diversification saves » Never put all eggs in one basket
✅ Centralized stablecoins may be safer
🔥 LESSONS LEARNED
RED FLAGS that we ignored
Yields of 20%+ "guaranteed"
Arrogant founder on social media
Complex mechanism "impossible to break"
Cult-like community
CURRENT OPPORTUNITY
This case could accelerate clear regulation = a more mature and secure market in the long run!
🎯 NEXT STEPS
📅 December 11: Final sentence
🇰🇷 South Korea: Still has pending lawsuit
⚖️ SEC: Civil lawsuit already won
For us traders
➠ Focus on projects with solid fundamentals
➠ Avoid "impossible" yields
➠ Always maintain stop-loss
➠ Regulation = long-term bullish
💬 Do you think 12 years is fair? Will the market be stronger after this precedent?
📌⚠️ The channel Leandro Fumao 🗣️ » Always do your own research before investing. 👨🎓📚🎧☕
