Post
Topic
Board Altcoin Discussion
Re: What will happen to LUNC after its founder is arrested?!
by
abel1337
on 16/09/2022, 20:18:58 UTC
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
It could possible be a dead project with no developer or a successor will inherit the failing project. If Do Kwon is arrested, I'm sure Luna Classic value will be affected especially that Terra community is very uncertain right now. I don't expect much from that failing project, People are just taking advantage right now at Terra but I don't see people who will b e attached to it's main project idea after the it failed it's project fundamental.