chain-signal Terra Founder Do Kwon Faces 12-Year Prison Sentence as LUNA Classic Surges 130%
The US Department of Justice is seeking a maximum 12-year prison sentence for Terra founder Do Kwon, who pleaded guilty in August. In response, LUNA Classic has surged 130%, with Terra 2.0's LUNA token also experiencing a significant increase. The developments come three years after the collapse of LUNA and UST.