The founder of LUNA2, Do Kwon, will face one of the most critical moments of his life tomorrow.

On December 11, 2025, the Southern District of New York Federal Court will deliver a verdict on this controversial figure in the crypto world who once caused a $40 billion storm. The prosecution is requesting a 12-year prison sentence—considering the domino effect triggered by the collapse of the Terra ecosystem, this figure is not surprising. The defense, on the other hand, is striving to keep the sentence under 5 years, and their arguments are indeed somewhat compelling: Do Kwon has already been detained for nearly 3 years, and the Korean side still has a 40-year sentence waiting for him.

Financial penalties are equally harsh. More than $19 million in fines must be paid, the SEC’s $204 million civil compensation is unavoidable, not to mention that the illegal gains of related entities will be completely forfeited. Most critically, even if he serves his sentence in the US, he is almost certain to be extradited back to Korea for further trial.

On the market side—LUNA has recently rebounded nearly threefold from its lows. The previous strategy of doubling down at the bottom now seems quite wise. If you still hold unrealized gains, consider cashing out half first. Before the verdict is announced tomorrow, market sentiment could fluctuate wildly, and no one can accurately predict the trend.

The remaining positions can be held as long-term chips; after all, black swans and white swans could both appear. But remember: at this moment, don’t impulsively chase after highs—any pullback won’t give you much time to react.

Securing profits is always the simplest and most effective truth in the market.