🌚 #LUNA #LUNC The federal judge hearing the case against Doh Kwon has scheduled a court hearing for tomorrow at which the Terraform Labs co-founder "may amend his plea agreement."

🌝✅ #LUNA #LUNC Do Kwon pleads guilty in fraud case related to TerraUSD's $40 billion collapse in 2022

🌚 #LUNA #LUNC Do Kwon has asked a US judge to limit his prison sentence to five years. Claims that a longer term would be excessive given the sentence and sanctions already served.
Meanwhile, the South Korean prosecutor's office is pursuing a separate case related to the same events and is demanding up to 40 years in prison for him. cointelegraph

A spike move has formed toward the supply zone.
If we get a pullback along with a valid confirmation, we expect to enter a long position.

#LUNC #Crypto #SignalsToday

@Signals2day

🌚⚖️ #LUNA #LUNC Bloomberg: US prosecutors have requested a 12-year prison sentence for Terraform Labs co-founder Do Kwon, labeling his involvement in the 2022 TerraUSD collapse as a “colossal” fraud that led to significant failures in the broader crypto market, including FTX. Sentencing is set for December 11.

“We just had a sharp move toward liquidity, and now we expect a price correction from the identified level.”

#LUNC #Crypto #SignalsToday

@Signals2day

“As expected, after sweeping the buyside liquidity, the price is likely to retrace toward the OTE levels. With proper confirmations at those OTE levels, a long position can be anticipated.”

#LUNC #Crypto #SignalsToday

@Signals2day

🌚 #LUNC Do Kwon sentenced to 15 years in prison for fraud. The court found that his actions caused ~$50 billion in damages worldwide. coindesk

🌚 #LUNA #LUNC Terraform Labs liquidator Do Kwon has sued Jump Trading, claiming the company profited from and contributed to the collapse of Terraform Labs. wsj