Re: What will happen to LUNC after its founder is arrested?!

Quote from: Mr. Magkaisa on Today at 04:20:40 AM

Quote from: albon on September 14, 2022, 07:00:15 PM

Hello,

I read today's news that South Korea has arrested the founder of Terra Do Kwon and five other people because the founder of Terra Luna is facing allegations of violating the country's capital markets law
I hope that the Luna Classic coin will not be affected by this news of the arrest, it is sad to be surprised by this news after the Luna Classic coin witnessed great heights and delighted the crypto community Sad

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

Source: https://cointelegraph.com/news/south-korea-issues-arrest-warrant-for-terra-founder-do-kwon

- Maybe when the value of Luna classic pumped up they already knew that this would be the result of the court verdict, now before this announcement, its value is gradually decreasing according to the Binance exchange, imagine it pumped 0.00049 $ and now it falls playing between 0.00027$.

But I think even if there is an arrest warrant, the only thing that will happen here in luna classic is pump and dump, it's quite risky to buy it or we don't know if it will be listed in the exchanges where it is listed in cryptocurrency.

that's all that will happen to Luna and Lunc's assets. even its stable assets have also decreased. schemes that occur in the market like that will just pump and then throw. like that continues. and I'm increasingly convinced that it's part of the team's manipulation.
they already look at risk after their case. it would be unreasonable that they would get investor support again. so it's just part of the pump and dumps to make more money for them.