Having two competing chains LUNA classic and LUNA v2 makes it even more difficult.
Besides the fact that Do Kwon is a criminal and no one trusts him. He sold the BTC reserve OTC instead of defending the peg. He even sold more than 800 million UST to buy LUNA.

UST is not even considered to be part of the new LUNA V2 anymore. We can not count on Do Kwon or the terra team.

For new buyers they definitely should stay away.


For pre depeg holders: I personally hold on to UST. Not because i think it repegs. More for legal reason because i simply just not know if selling is the right move.
There are tons of class actions going on. They are free for the victims, but laywers get a big percentage if they win. If the laywers loose, they have to pay the cost by themself.
Joining legal action does not cost anything for those contigency based. We can only win by it.


Check out Fatmans Discord server for legal companies joining. They have 3 big companies, one called Roche in the US. Others will be revealed later i think.

Fatmans Discord Server for UST victims:
https://discord.gg/k3DPgn9ds6