Montenegro’s Minister of Justice has approved the United States request to extradite Do Kwon, the infamous #Terra (LUNA) founder.
Minister Bojan Bozokiv signed the verdict on December 27, ending the lingering decision. Notably, the US and South Korea keenly contested the extradition of the embattled Terra boss, seeking to prosecute him for his alleged involvement in the notorious 2022 Terra implosion.
For context, the Terra ecosystem tumbled in 2022, wiping out billions of dollars from the cryptocurrency market. Its native token, LUNA, crashed from over $100 to almost nothing after the algorithmic stablecoin TerraUSD depegged from the dollar valuation.
Following the over $40 billion crypto wipeout, Do Kwon took to his heels, escaping to Serbia before moving into Montenegro. In March 2023, the Montenegro police force arrested him and his partner, Han Cheng Jun, in the Podgorica airport while they attempted to flee the country to Dubai.

Justice Minister Issues Verdict 

Notably, the United States and South Korea had previously filed a request to extradite Do Kwon. Both countries’ prosecutors sought to indict the Terra boss for his involvement in the 2022 crash.
Bozokiv built on an earlier ruling by the Montenegro Supreme Court, stating that both the US and South Korea met the requirements to extradite Do Kwon from the Southeastern European country.
Meanwhile, the Minister of Justice favored the United States. He considered criteria like the gravity of the crime, order of submission, citizenship, and the possibility of further extradition and concluded that Do Kwon would head to the US.
Notably, the statement did not mention the extradition details, such as the date and means of movement. Moreover, Do Kwon remains in the facility for foreigners in Montenegro after being released from prison last year.

#CryptoNewsCommunity

"Kwon Do Founder Land Faces USA
#Terra $LUNC C#Luna#CryptoNews #criptomoedas $LUNA $LUNC

"Terra Founder Do Kwon Faces US

#Terra $LUNC #Luna #Cryptonews #cryptocurrencies

Do Kwon will be extradited to the US.
The news of Do Kwon's extradition was received negatively in the market. There were decreases in the prices of LUNC, USTC and LUNA.
When we look at the comments made on social media, we see that the number of people expecting Do Kwon to be sentenced to prison is very high.
There are also those who expect Do Kwon to be released. We are in this group.
▪️There was an ongoing case between TFL and SEC. Do Kwon was asked to defend himself in this case, but since he was detained in Montenegro, he conducted the proceedings through his lawyers.
▪️As a result of this case, Do Kwon was given a compensation penalty. We do not see any possibility of him receiving an additional sentence while these decisions are out there.
It is necessary not to confuse case #FTX with case #Terra , but we see the exact opposite in the comments made on social media.
Time will tell what will happen...
#DoKwon #TerraClassic #Terra $LUNC $USTC $LUNA

We think that Do Kwon will be released after his extradition to the US.
Do Kwon is too ambitious to retire after his release... He will have the opportunity. There will be a huge community.
It is not difficult to see that the penalties of crypto bans will be lifted under Trump's presidency.
⚫️Do Kwon may not seem to be able to support LUNC, USTC or LUNA on the surface, but remember that these coins are now decentralized.
#TerraClassic #Terra #LUNC #XmasCryptoMiracles #Crypto2025Trends $LUNC

TerraformLabs will close enterprise_dao and warp_protocol as part of the bankruptcy liquidation process.
▪️ A buyer could not be found for these two protocols. For this reason, these two protocols will be closed on December 31, 2024. This transaction was announced 1 month ago.
✔️ TFL burned all #LUNA tokens in its possession as part of the bankruptcy process. It burned all the funds in the shuttle bridge. Now it is closing the protocols.
Afterwards, we expect the LUNC and USTC funds in its possession to be burned. No timetable has been announced for this, but it can happen at any time.
December 31 will be important for us. Statements will come from TFL's official accounts.
▪️ While Enterprise Dao and Warp Protocol are being closed, other transactions may have been added to the calendar...
#Terra #TerraClassic #LUNC #USTC $LUNC $USTC

⚡️Министр юстиции Черногории Боян Божович распорядился экстрадировать До Квона в США.

#Terra #LUNA #LUNC #USTC

$USTC friends, don't fall into the clutches of these bitches! we fell and got burned!
now someone will say what are you doing here again then!
I have work to do because these #terra thief bitches robbed us and darkened our lives from now on, either good or bad!
but my brother who is new and hasn't messed with these bitches' sons would be a shame on you! $LUNC $LUNA

Friends, always question, research and ponder everything that is presented and said to you in your life, no matter what. In this way, we become conscious individuals, let's all get away from this culture of submission so that we can benefit everyone, first of all ourselves of course.

Also, regarding $LUNC unc, question the so-called phenomena who have been selling you dreams, giving you hope, making promises and exploiting your emotions for 2.5 years and ask them the following for example;

- Why hasn't it exhibited positive price movement for 2.5 years?
- Why hasn't any of the promises you have written or said come true for 2.5 years?
- Why hasn't it reached 1 dollar in 2.5 years?
- Why haven't validators put a single stone on top of another in 2.5 years?
- Why are validators chasing after staking income?
- Why hasn't it followed any roadmap for 2.5 years #terra ?
- Why hasn't $USTC been repegned to 1 dollar in 2.5 years?
- Why did you say Bitcoin wouldn't rise unless Lunc rose and bitcoin rose by 80%?
- Lunc has a supply of 6.5 trillion, 6.5 trillion dollars need to be invested for it to reach 1 dollar, which human being has this money? Even the wealth of the richest person in the world, Elon Musk, is 350 billion dollars (USA Annual GDP is 28 trillion dollars, only the state can provide 6.5 trillion dollars, will a state print all its income on lunc?)
- What do you know that you have been so positive for 2.5 years that people don't know and you know, Lunc? What tangible and visible evidence/data do you have to stay positive that you don't tell us? If you have something like this, share it so we can know, or do you mean selling dreams?

- Why have you been playing with our dreams for 2.5 years, what is your real problem?

TerraSwap control panel is live. You can use it for both Terra side and Terra Classic side.

➖ You can connect with your Terra Station or Galaxy Station wallet and perform your #LUNC - #USTC swap transactions...
You can also access different coins of the Terra Classic chain from here...
(https://app-classic.terraswap.io)

These are the footsteps of a chain rising from where it fell...
#TerraClassic #Terra $LUNC

$LUNC Take a good look at this chart, it is not a chart that anyone other than a thieving, bitch #terra team could draw! $USTC $LUNA

$LUNC another operation to get behind people's back, don't be fooled, I think the one who gives his hand will lose his arm! $USTC $LUNA #terra a team of thieves will steal again!

$LUNC There is no need for a graphic #dom a or anything, there is no need to eat the astrologer's shit, it is obvious #terra The thief team is shitting their pants again, they are slapping what they collected, bitches $USTC $LUNA

When we compare LUNC and USTC burns; you see how much USTC burns are behind in value...
🔔While #LUNC tax burns of approximately $51,000 are realized weekly; we see that #USTC tax burns of $3400 are realized.
It is very normal for LUNC tax burns to be higher than USTC tax burns, but there is a big difference between them.
🟢 From this data, it is clear that the USTC price is lower than it should be.
➖You may see these amounts as worthless, but there is a blockchain that burns approximately $50,000 every week. Imagine if all of this value was used for USTC re-peg?
In a volatile market, these amounts will increase a lot. In a market where the price of LUNC and USTC increases, these amounts will increase in value. For this reason, every burned piece is valuable...
We think they are playing 3 monkeys for USTC. We think USTC is ready. USTC can be repegned in its current state. LUNC is strong enough to keep USTC stable even in its current state...
When USTC is $1, you can be sure that LUNC will be much, much higher than its current price. In this case, the#LUNAprice will also increase a lot. LUNC and LUNA can stand behind USTC as two solid collateral...
We are thinking a little out loud. I am sure that the developers of Terra Classic and Terra have thought more of these thoughts...

#TerraClassic #Terra #BinanceAlphaAlert $LUNC $USTC

The $123 million compensation fine imposed on Tai Mo Shan regarding the LUNA and UST collapse was included in the SEC Press Release.
It was stated that Tai Mo Shan was responsible for being a legal guarantor in the distribution of Luna crypto assets and misleading investors about UST being a stable coin.
⏩ As a penalty for this responsibility, a $123 million compensation fine was imposed. Tai Mo Shan agreed to pay this fine.
▪️The news also included the fines imposed on Do Kwon and TFL. It was included in the news content that Do Kwon accepted a $4.5 billion fine.
🟣 In our opinion, many people/organizations related to UST are responsible. Binance exchange also recommended UST staking transactions with the "Safe Investment" label.
▪️The reason why Tai Mo Shan was penalized is because he was a legal guarantor in the distribution of LUNA. Just as TFL and Do Kwon are responsible; Tai Mo Shan was also held responsible and fined $123 million in return...
⚫️ Every cryptocurrency has risks. Investors should have been warned about these risks. They did not do this regarding UST.
▪️In fact, Terra's official documents mention these risks, but the responsibilities here are related to statements...
There will always be risks when #USTC and #LUNC are recovered. Every cryptocurrency has risks. The important thing is to manage it correctly. Our teacher KAursunLEM shared this news on the TerraHaberTR - Lunc Community page. We have detailed it because we have been asked a lot... You can reach the full news from the link below. 👇
https://sec.gov/newsroom/press-releases/2024-212

#TerraClassic #Terra $LUNC $USTC

SEC files new charge for $#Terra stablecoin (Formerly $USTC ) #UST

The SEC alleged that Tai Mo Shan misled investors by creating the impression that Terraform Labs’ algorithmic mechanism maintained the $1 peg value of UST. When the value of UST fell below $1 in May 2021, Tai Mo Shan and Terraform Labs entered into an agreement to stabilize the price.
Under this agreement, Terraform offered Tai Mo Shan discounted LUNA tokens to encourage him to purchase UST and restore the peg. On May 19, 2021, Tai Mo Shan temporarily stabilized the stablecoin’s price by purchasing more than $20 million worth of UST.

LUNA’s Sale as Unregistered Securities

The SEC’s findings revealed that Tai Mo Shan acted as a legal guarantor for Terraform Labs and purchased LUNA tokens for resale on American-based platforms.

From January 2021 to May 2022, Tai Mo Shan offered and sold these tokens as securities without being registered. The SEC stated that LUNA was classified as a security and that Tai Mo Shan distributed the cryptocurrency to the public.

The SEC stated that Tai Mo Shan’s actions were misleading to investors and that he was unaware of the external intervention-based stabilization. The company did not admit to the SEC’s investigation allegations but agreed to comply with the stay order to prevent future violations of the federal securities laws.
Tai Mo Shan will pay $73.45 million in restitution, $12.91 million in prior litigation interest, and $36.72 million in penalties. These penalties are intended to compensate for illegal profits made through deceptive acts and unregistered transactions. Terraform Labs and its founder Do Kwon have previously faced fraud charges and are facing a 4th World WarHe agreed to pay $5 billion.

$LUNA #terra money has roots in most of the big leading projects in crypto world including BITCOIN don’t underestimate TERRA

It was sick but not dead at any moment you could see huge recovery i wont even call pump coz it should be at least $20+

DON'T MISS THE GOLDEN CHANCE FOR THISE YEAR THISE COIN PUMP IN FEW DAYS
BUY THISE COIN THISE COIN TERRA CLASSIC IN FEW DAYS $589 DOLLAR IN FEW DAYS 1COIN PRICE TERRA CLASSICE PREICE UP BUY
#TERRA

If we summarize the solutions that need to be implemented for the increase in prices in $LUNC  as main headings:

- #Terra  should first be institutionalized,
- Voting bureaucracies should end,
- Token inflation should be reduced,
- Validators should focus on the network and work,
- Collaborations should be made with different projects,
- When the roadmap is published, it should be followed (Promises should be kept),
- Investor tours should be taken