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LUNA Token Surges Over 15% as Do Kwon’s Terraform Labs Reaches Settlement with SEC Over $40 Billion Crypto Collapse Terraform Labs and its founder Do Kwon have reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) following accusations of fraud and misleading investors.Both LUNA and LUNC saw their prices jump over 15$ and 10% following the news, though these gains were momentary, they were significant for two defacto deadcoins. As per Reuters , Terraform Labs and Do Kwon have reached a “settlement in principle” with the SEC after the regulator charged the firm with defrauding investors in 2023. According to the SEC’s estimates, investors lost over $40 billion combined when the collapse of TerraUSD stablecoin’s $1 peg dropped, causing Luna (now Luna Classic) to also collapse with it.As per reports, SEC filings show that the regulator is seeking to reclaim $5.3 billion in TerraUSD proceeds from Kwon and Terraform labs. The SEC is also seeking to fine Terraform Labs $420 million, as well as a further $100 million for Kwon, who argue that they should only pay $3.5 million and less than $1 million, respectively. Following the announcement, the Terra (LUNA ) token spiked some 38% from around $0.59 to just over $0.81, the highest price the token had reached since December 2023. Traders were seemingly eager to offload their LUNA tokens at the $0.81 mark, bringing the price back down to around $0.68. Terraform Labs’ original token Terra Classic (LUNC), also saw similar price action. LUNC climbed some 12% peaking at just over $0.00013, the highest it’s been since October 2023. The price action appears to mirror that of LUNA, with LUNC now trading sideways after shedding around half of its gains. #LUNAUpdate #LUNA✅ #Terraform #Megadrop #BinanceLaunchpool
LUNA Token Surges Over 15% as Do Kwon’s Terraform Labs Reaches Settlement with SEC Over $40 Billion Crypto Collapse
Terraform Labs and its founder Do Kwon have reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) following accusations of fraud and misleading investors.Both LUNA and LUNC saw their prices jump over 15$ and 10% following the news, though these gains were momentary, they were significant for two defacto deadcoins. As per Reuters , Terraform Labs and Do Kwon have reached a “settlement in principle” with the SEC after the regulator charged the firm with defrauding investors in 2023. According to the SEC’s estimates, investors lost over $40 billion combined when the collapse of TerraUSD stablecoin’s $1 peg dropped, causing Luna (now Luna Classic) to also collapse with it.As per reports, SEC filings show that the regulator is seeking to reclaim $5.3 billion in TerraUSD proceeds from Kwon and Terraform labs. The SEC is also seeking to fine Terraform Labs $420 million, as well as a further $100 million for Kwon, who argue that they should only pay $3.5 million and less than $1 million, respectively.
Following the announcement, the Terra (LUNA ) token spiked some 38% from around $0.59 to just over $0.81, the highest price the token had reached since December 2023.
Traders were seemingly eager to offload their LUNA tokens at the $0.81 mark, bringing the price back down to around $0.68. Terraform Labs’ original token Terra Classic (LUNC), also saw similar price action. LUNC climbed some 12% peaking at just over $0.00013, the highest it’s been since October 2023. The price action appears to mirror that of LUNA, with LUNC now trading sideways after shedding around half of its gains.
#LUNAUpdate #LUNA✅ #Terraform #Megadrop #BinanceLaunchpool
$LUNA #LUNA✅ Should I keep it or sell it? Experts give me your opinion. My liquidate is up to 0.70 and if I add more I can take it up to 0.31 if I close here I will be 3400+$. Will be wasted
$LUNA #LUNA✅ Should I keep it or sell it? Experts give me your opinion. My liquidate is up to 0.70 and if I add more I can take it up to 0.31 if I close here I will be 3400+$. Will be wasted
$LUNA #LUNA✅ My liqudate is 0.67 suggest me to wait or sell if I sell then my whole year's hard work will be lost. $ENA $ETHFI
$LUNA #LUNA✅

My liqudate is 0.67 suggest me to wait or sell if I sell then my whole year's hard work will be lost.

$ENA $ETHFI
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CRYPTOCURRENCIES: DO KWON, FOUNDER OF TERRA LUNA, FOUND GUILTY OF DEFRAUDING INVESTORS In May 2022, its Terra Luna ecosystem caused investors to lose $40 billion following its collapse. The verdict is in. Friday April 5, Do Kwon, the founder of Terra Luna and his Terraform Lab foundation, was found responsible for civil fraud by the American justice system, reports Bloomberg . This decision puts an end to a lawsuit filed by the American stock market watchdog, the SEC (Security and Exchange Commission), against Do Kwon and his empire in February 2023. An American jury concluded that Do Kwon had misled investors, by making people believe in the reliability of their crypto company. As a reminder, in the spring of 2022, the luna cryptocurrency and the UST stablecoin of this ecosystem collapsed in a few days, causing investors to lose more than $40 billion. “Despite all the promises of the crypto ecosystem, the lack of registration and compliance has real consequences for real people,” SEC member Gurbir Grewal said after the trial. In December 2023, Jed Rakoff, an American judge, had already rendered a judgment according to which Do Kwon and Terra Labs were selling unregistered securities in the United States, giving weight to the SEC's "Next steps" This Saturday, Terraform Labs expressed its “disappointment” at the end of the trial. “We continue to maintain that the SEC does not have the legal authority to bring this action at all, and we are carefully evaluating our options and next steps,” the company responded on X. Currently detained in Montenegro, Do Kwon will eventually be extradited to South Korea after a battle between the country and the United States. The latter faces criminal charges in the United States and South Korea in connection with the collapse of its ecosystem. #LUNAUpdate #BinanceSquareCreator #LUNA✅
CRYPTOCURRENCIES: DO KWON, FOUNDER OF TERRA LUNA, FOUND GUILTY OF DEFRAUDING INVESTORS
In May 2022, its Terra Luna ecosystem caused investors to lose $40 billion following its collapse.
The verdict is in. Friday April 5, Do Kwon, the founder of Terra Luna and his Terraform Lab foundation, was found responsible for civil fraud by the American justice system, reports Bloomberg . This decision puts an end to a lawsuit filed by the American stock market watchdog, the SEC (Security and Exchange Commission), against Do Kwon and his empire in February 2023.
An American jury concluded that Do Kwon had misled investors, by making people believe in the reliability of their crypto company. As a reminder, in the spring of 2022, the luna cryptocurrency and the UST stablecoin of this ecosystem collapsed in a few days, causing investors to lose more than $40 billion.
“Despite all the promises of the crypto ecosystem, the lack of registration and compliance has real consequences for real people,” SEC member Gurbir Grewal said after the trial.
In December 2023, Jed Rakoff, an American judge, had already rendered a judgment according to which Do Kwon and Terra Labs were selling unregistered securities in the United States, giving weight to the SEC's
"Next steps"
This Saturday, Terraform Labs expressed its “disappointment” at the end of the trial.
“We continue to maintain that the SEC does not have the legal authority to bring this action at all, and we are carefully evaluating our options and next steps,” the company responded on X.
Currently detained in Montenegro, Do Kwon will eventually be extradited to South Korea after a battle between the country and the United States. The latter faces criminal charges in the United States and South Korea in connection with the collapse of its ecosystem.
#LUNAUpdate #BinanceSquareCreator #LUNA✅
#LUNC In 3 hours LUNC Fall Down And Break Its 6 resistances now 3 Resistances Converted Into A Big Support For Terra What Happen Next Nobody Knows But One Thing Is Confirmed That the Next Week For Only Terra Because if Lunc Have Ability To Break Its 3 Resistances In 1Hour Then Its Going To A Big Move And Wonder The World Guys Its Time To Take Entry As Now Or Never Decision keep In Mind Guys #bitcoinhalving #Bonk #LUNA✅
#LUNC In 3 hours LUNC Fall Down And Break Its 6 resistances now 3 Resistances Converted Into A Big Support For Terra What Happen Next Nobody Knows But One Thing Is Confirmed That the Next Week For Only Terra Because if Lunc Have Ability To Break Its 3 Resistances In 1Hour Then Its Going To A Big Move And Wonder The World Guys Its Time To Take Entry As Now Or Never Decision

keep In Mind Guys

#bitcoinhalving #Bonk #LUNA✅
naHeadline: New Cryptocurrency "LunaX" Makes Waves in Market Debut LunaX, the latest addition to the cryptocurrency landscape, surged by 50% in its first day of trading, captivating investors with its innovative blockchain technology promising faster transactions and enhanced security features. Experts speculate that LunaX's unique consensus mechanism could disrupt traditional finance sectors, sparking interest among institutional players. With its promising start, all eyes are on LunaX as it navigates the volatile crypto market terrain. #LUNA✅ #lunchpoltoken #LunaTerraClassic
naHeadline:
New Cryptocurrency "LunaX" Makes Waves in Market Debut

LunaX, the latest addition to the cryptocurrency landscape, surged by 50% in its first day of trading, captivating investors with its innovative blockchain technology promising faster transactions and enhanced security features. Experts speculate that LunaX's unique consensus mechanism could disrupt traditional finance sectors, sparking interest among institutional players. With its promising start, all eyes are on LunaX as it navigates the volatile crypto market terrain.
#LUNA✅ #lunchpoltoken #LunaTerraClassic
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Bullish
#LUNA✅ $LUNC 🚀🌕 Terra Classic's LUNC: Poised for a Stellar 66% Leap? 🌟 **Market Buzz** 📈 - Terra Classic's LUNC is showing a **double-bottom pattern**, suggesting a potential **66% bullish breakout**¹. **Technical Indicators** 📊 - The **RSI** is rebounding, igniting interest in LUNC as it heads into the weekend¹. - A **death cross pattern** could pose a challenge, with resistance at **$$0.000122$$**¹. **Support Watch** 👀 - LUNC's support at **$$0.00008$$** is crucial for maintaining the bullish outlook¹. **Price Movements** 💹 - A break above the **neckline resistance** could trigger significant price gains¹. **Investor Insights** 💡 - Holding support at **$$0.0001$$** and overcoming the **20-day EMA resistance** at **$$0.0001085$$** are key for the weekend's trading¹. **Emoji Summary** ✨ - 📉 Bearish market? No problem! - 📐 Double-bottom pattern? Check! - 🎢 Potential for a **66% ride**? Buckle up! - 🛑 But watch out for that death cross! Stay tuned to see if LUNC can defy gravity and soar to new heights! 🚀🌟 😉😉😉😉😉 LIKE AND FOLLOW 😉😉😉😉😉 #BlackRock #BTC
#LUNA✅
$LUNC

🚀🌕 Terra Classic's LUNC: Poised for a Stellar 66% Leap? 🌟

**Market Buzz** 📈
- Terra Classic's LUNC is showing a **double-bottom pattern**, suggesting a potential **66% bullish breakout**¹.

**Technical Indicators** 📊
- The **RSI** is rebounding, igniting interest in LUNC as it heads into the weekend¹.
- A **death cross pattern** could pose a challenge, with resistance at **$$0.000122$$**¹.

**Support Watch** 👀
- LUNC's support at **$$0.00008$$** is crucial for maintaining the bullish outlook¹.

**Price Movements** 💹
- A break above the **neckline resistance** could trigger significant price gains¹.

**Investor Insights** 💡
- Holding support at **$$0.0001$$** and overcoming the **20-day EMA resistance** at **$$0.0001085$$** are key for the weekend's trading¹.

**Emoji Summary** ✨
- 📉 Bearish market? No problem!
- 📐 Double-bottom pattern? Check!
- 🎢 Potential for a **66% ride**? Buckle up!
- 🛑 But watch out for that death cross!

Stay tuned to see if LUNC can defy gravity and soar to new heights! 🚀🌟

😉😉😉😉😉 LIKE AND FOLLOW 😉😉😉😉😉

#BlackRock
#BTC
#LUNA✅ 100% successful coin on spot market you can try your luck and buy this coin a company can’t stay after many many losses but Luna tera classic Lunc coin still alive you can try and invest now Luna price is down you can buy 😍😍#BTC☀ ️ #LUNC✅ #JASMAY
#LUNA✅ 100% successful coin on spot market you can try your luck and buy this coin a company can’t stay after many many losses but Luna tera classic Lunc coin still alive you can try and invest now Luna price is down you can buy 😍😍#BTC☀ #LUNC✅ #JASMAY
#LUNA✅ الرجاء من الجميع ربط الأحزمة لونا على وشك الإقلاع ...
#LUNA✅
الرجاء من الجميع ربط الأحزمة لونا على وشك الإقلاع ...
#LUNA✅ #LUNC✅ Check This Fluctuation And Gaining. If LUNC Breaks The 0.00012 Resistence Then You Will See The Terra Real Face
#LUNA✅ #LUNC✅ Check This Fluctuation And Gaining.

If LUNC Breaks The 0.00012 Resistence Then You Will See The Terra Real Face
$LUNA 📌22/04/2024 💸💸 "Perfect Entry Signal" with "RPT0.1 Indicator" ⏳Day trading  ,  3 minutes time frame  $LUNA / USDT ⭐Basic Resistance Analytics for take profit 🎯 😎RPT0.1 indicator, it's an excellent tool that combining a multiple Data and other indicators in one screen💪.  Follow us for next catching ✨✨ #LUNA✅ #LUNAUpdate #LUNA❤️1W #bitcoinhalving #Megadrop
$LUNA
📌22/04/2024

💸💸 "Perfect Entry Signal" with "RPT0.1 Indicator"

⏳Day trading  ,  3 minutes time frame 

$LUNA / USDT

⭐Basic Resistance Analytics for take profit 🎯

😎RPT0.1 indicator, it's an excellent tool that combining a multiple Data and other indicators in one screen💪. 

Follow us for next catching ✨✨
#LUNA✅ #LUNAUpdate #LUNA❤️1W #bitcoinhalving #Megadrop
#cryptoSEC Gains Court Victory Against Terraform Labs and Do Kwon Reports: The U.S. Securities and Exchange Commission (SEC) has secured a significant court victory against Terraform Labs and its founder, Do Kwon. The court ruled in favor of the SEC, finding Terraform Labs and Kwon liable for violating federal securities laws.The SEC had accused Terraform Labs and Do Kwon of selling unregistered securities in the form of its native cryptocurrency, Luna. The court's decision marks a significant milestone in the SEC's ongoing efforts to regulate the rapidly evolving cryptocurrency industry.As a result of the court's ruling, Terraform Labs and Do Kwon may be subject to financial penalties and other sanctions. The SEC's victory underscores the importance of compliance with federal securities laws, even in the burgeoning field of cryptocurrencies. #BullorBear #CryptoApril #LUNA✅ #LUNC✅
#cryptoSEC Gains Court Victory Against Terraform Labs and Do Kwon Reports:

The U.S. Securities and Exchange Commission (SEC) has secured a significant court victory against Terraform Labs and its founder, Do Kwon. The court ruled in favor of the SEC, finding Terraform Labs and Kwon liable for violating federal securities laws.The SEC had accused Terraform Labs and Do Kwon of selling unregistered securities in the form of its native cryptocurrency, Luna. The court's decision marks a significant milestone in the SEC's ongoing efforts to regulate the rapidly evolving cryptocurrency industry.As a result of the court's ruling, Terraform Labs and Do Kwon may be subject to financial penalties and other sanctions. The SEC's victory underscores the importance of compliance with federal securities laws, even in the burgeoning field of cryptocurrencies.
#BullorBear
#CryptoApril
#LUNA✅
#LUNC✅
LUNC Price Analysis: On The Cusp Of On 19% Move As the crypto market flipped green on Friday just hours before Bitcoin halves, Terra Classic signaled a potential 19% breakout due to an ascending triangle on the four-hour chart. The ascending triangle is a reversal pattern that allows for prices to consolidate after a major downturn in the market. Investors use this period to reaccumulate more tokens ahead of the anticipated breakout. Traders watch out for movement above the horizontal resistance at the x-axis. In the case of LUNC, this resistance level lies at $0.000107, slightly above the 50-day Exponential Moving Average (EMA) (the line in red). Buy orders should be placed slightly above the hurdle, with Terra Classic expected to complete at 19% move to $.0001282. #bitcoinhalving #LUNA✅ #luncforever #LUNCRocket
LUNC Price Analysis: On The Cusp Of On 19% Move

As the crypto market flipped green on Friday just hours before Bitcoin halves, Terra Classic signaled a potential 19% breakout due to an ascending triangle on the four-hour chart.

The ascending triangle is a reversal pattern that allows for prices to consolidate after a major downturn in the market. Investors use this period to reaccumulate more tokens ahead of the anticipated breakout.

Traders watch out for movement above the horizontal resistance at the x-axis. In the case of LUNC, this resistance level lies at $0.000107, slightly above the 50-day Exponential Moving Average (EMA) (the line in red).

Buy orders should be placed slightly above the hurdle, with Terra Classic expected to complete at 19% move to $.0001282.
#bitcoinhalving #LUNA✅ #luncforever #LUNCRocket
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