Web3Educator
U.S. prosecutors recommend a 15-year prison sentence for Do Kwon, the core figure behind the collapse of the Terra ecosystem
The crash of LUNA was far more than a simple price plunge; the chain reaction it triggered swept through the entire crypto industry:
• The FTX exchange collapsed under pressure, wiping out approximately $40 billion in assets
• The viability of algorithmic stablecoins was fully questioned, causing investor confidence to plummet instantly
• The entire cryptocurrency market entered a prolonged bear market cycle
This case could become a landmark event in the history of crypt
The crash of LUNA was far more than a simple price plunge; the chain reaction it triggered swept through the entire crypto industry:
• The FTX exchange collapsed under pressure, wiping out approximately $40 billion in assets
• The viability of algorithmic stablecoins was fully questioned, causing investor confidence to plummet instantly
• The entire cryptocurrency market entered a prolonged bear market cycle
This case could become a landmark event in the history of crypt
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