# LUNC Related Articles

HTX News Center provides the latest articles and in-depth analysis on "LUNC", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Terra Luna Classic: Can LUNC flip $0.000046 to confirm trend reversal?

Terra Luna Classic (LUNC) surged 21.84% to $0.00004419, with trading volume exploding 382.87% to $61.34 million, indicating strong buyer momentum. The breakout from a descending channel and a rounded base near $0.00003260 suggests a potential trend reversal, with key resistance at $0.00004620. The RSI at 71.68 shows strength but also overbought risks. Despite the bullish price action, order flow data reveals lingering sell dominance in spot and futures markets, creating a divergence. Retail participation is spiking, which may increase volatility. Open Interest surged 71.85%, reflecting high leverage and speculative conviction. For a sustained uptrend, LUNC needs to hold above $0.00004620 with improved taker buy dominance; otherwise, volatility may intensify.

ambcrypto02/27 14:02

Terra Luna Classic: Can LUNC flip $0.000046 to confirm trend reversal?

ambcrypto02/27 14:02

Terraform Labs Sues Jump Trading For Alleged Role In 2022 Collapse

Following the 15-year prison sentencing of its founder Do Kwon, Terraform Labs' bankruptcy administrator has filed a $4 billion lawsuit against Jump Trading. The suit alleges the firm engaged in "illicit market manipulation, self-dealing, and misuse of assets" to enrich itself at investors' expense during Terra's 2022 collapse. The event, triggered when the TerraUSD stablecoin lost its peg, wiped out an estimated $40 billion in value. Jump Trading has dismissed the lawsuit as a desperate attempt to deflect blame. Separately, Kwon, who pleaded guilty to fraud charges in the U.S., may face a second trial and over 30 years in prison if extradited to South Korea, where over 200,000 victims reported losses exceeding $204 million.

bitcoinist12/20 11:01

Terraform Labs Sues Jump Trading For Alleged Role In 2022 Collapse

bitcoinist12/20 11:01

Terraform co-founder sentenced to 15 years in prison after guilty plea

Terraform Labs co-founder Do Kwon has been sentenced to 15 years in prison by a U.S. court after pleading guilty to wire fraud and conspiracy. The collapse of Terraform in 2022 wiped out an estimated $40 billion from the crypto market. Judge Paul Engelmayer called the fraud "unusually serious," stating that Kwon "publicly lied to the market" for years. Kwon expressed remorse and requested to serve his sentence in South Korea, where he may face additional charges and up to 40 more years in prison. Approximately 16,500 victims were affected, with several testifying about severe financial losses during the sentencing. Kwon is the latest high-profile crypto executive to be convicted, following cases like FTX's Sam Bankman-Fried and Celsius' Alex Mashinsky.

cointelegraph12/11 22:07

Terraform co-founder sentenced to 15 years in prison after guilty plea

cointelegraph12/11 22:07

活动图片