$LUNA
LUNA saw a significant 27.6% price increase following the news of a preliminary settlement agreement between Do Kwon and the United States Securities and Exchange Commission (US SEC). However, according to information from reliable sources, Do Kwon, head of Terraform Labs, was sentenced to four months in prison in Montenegro for falsifying official documents. Mr. Kwon is also facing charges in the United States and South Korea related to the collapse of two cryptocurrencies terraUSD and Luna last year.
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