There is "ARMAGEDON PROTOCOL" that Do kwon mentioned before UST and $LUNA crash,

"We pull the trigger and 24 hours later, we’re gone. We burn all our assets, we cut all of our ties, and its nothing. That’s just in case things move a little bit faster than we’re anticipating"

-Do Kwon

"ARMAGEDON PROTOCOL" was the Terra recovery proposal,

According to this protocol, TFL’s wallet would be removed in the whitelist for the airdrop, making Terra a fully community owned chain.

So, it is happening right now like this protocol but they posted it in 2021 😱

It seems like they knew that it would happen and they forked LUNA to $LUNC and then UST to $USTC that it is now fully community owned "take over" chain or coins,

Also, LUNA 2.0 will be too community owned coin after TFL (Terra form Labs) court end 0n 30th October 2024