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In my opinion, the Terra Team is to blame for the entire bloodbath. They should have taken a more pragmatic and responsible approach. Things have only gotten worse for the holders.

It's hard to see what really went wrong here, all this drama looks more intentional than a mistake to me, I think its too late for them to come up with any possible solution at this stage and no matter what they come up with people who lost a huge amount of money aren't getting them back.

It's clear that if the team is care with their stable token rather than lune who have been already heavily invested by so many tokens. The team was let its smartcontract to print bunch of luna while this time they can halt it to mint the new token. that means if luna developers has become the party that must be blame as well. That's why investors are very angry caused by this. So many of them have been putting their life, house, car and many more.
Just wanna see how this drama will be going on. Im sure that this another disaster in the crypto history

Correct they are to be blamed for what happened. I hate when teams blame market for what happens,,, and take no responsibility.

But you have to blame investors for losing their money.

Anything promising more than 10% APY is a scam. Does not matter if crypto, stablecoin,,, smart contract coin etc.

Remember, no utility, no value. This was and should have been expected from all investors.

Beware stablecoin promises.

They should be blamed for the situation Changpeng Zhao offered to help them but they are nonresponsive to all of Changpeng Zhao recommendations they requested their team to restore the network and burn the extra minted Luna and recover the UST peg but for some reason, they are nonresponsive to Changpeng Zhao recommendation, they have a bad team and they want to do it on their own.

I agree, even though it happens because there are attackers outside Terra, but this must be overcome by Terra Luna itself. They got Terra Luna's security loophole, but why didn't the Terra Luna team immediately deal with it, as if they were taking it easy. Some people even suspect that this is all manipulation by the Terra Luna team alone, but we can't think bad first, there is good news that Binance is continuing to trade LUNA and UST.

They are irresponsible Binance has given them a lot of recommendations but they did not take heed of that advice, there were reports they are in a board meeting, but before they can take out a decision, the damage has been done, they did not even turn off their telegram channels because FUDS are all over in their channel, it was too late to take action if ever they relaunch their chain I don't they will regain the support of their investors, it's over for them.

Agree to blame the Luna team, especially when this was triggered at the time they first announced UST backup with Bitcoin on twitter. That was clearly the initial trigger that was used as a nest by several groups in launching attacks. Moreover, the team's carelessness made them aware. Everything is stale and now there is nothing to expect from LUNA. Whoever Hype tries to re-enter to buy LUNA, they are gambling with their money.

All the discussions here are all Luna I cannot blame them, this is the first time that happen in Cryptocurrency and I thought stable coins are the most stable investment, this is a bad precedent if this happens to a stable coin Terra it could happen too to other stable coins so better check the mechanism of the stable coin that you're holding to avoid the same scenario, not only stable coins all your coins in your portfolio as well.

I just learned this information from you, I am surprised that CZ is always actively providing solutions for every project that has been listed on the binance exchange, but the attitude of the team is not responsive to responses from CZ offering what they should do to save the project and investors.

I personally can't completely blame the team from Terra (LUNA), because this was an accident in crypto for this year, but it's a different matter if this accident was actually a planned accident on their part. Whatever has happened is irreversible, I can only hope that people will learn more from this matter.

It will be a different scenario not from what we are seeing right now, they are late in terminating it, but the biggest question is why they did not stop it earlier when many are suggesting they do so, even Binance ask them now they have over 90% of their investor's investment wipe out, there's no way Terra's team can bring back that trust.
Would you trust the team again now that they did a relaunch?

I still do not understand how people can keep falling into those scams, it was obvious to me and to anyone with any common sense that such a model was not sustainable and that sooner or later something like this was going to happen.

It seems as if people forgot about bitconnect which was another project that promised huge profits to their investors only to end up like any other Ponzi scam, so I hope the people that invested in those coins learn their lesson and never invest in something like this ever again.

Recently it was revealed that that DoDo guy was the force behind the failed Basis Cash which had the same concept until it got shut down due to regulatory concerns.

Almost forgot that was a thing until it was brought

Why don't they stop the network ASAP? my guess is that they are involved in this scenario. It might happen. ::) Currently Terra (LUNA) network and ecosystem is completely destroyed, one by one exchanges are starting to remove LUNA from their exchanges, if they relaunch their projects, I'm sure no one will believe them, even if they launch projects with other name.

Of course, there is no one to blame but the team itself. I would say that they become too arrogant and confidence that they think this kind of things are not going to happen to them. But look now, they brought the market down with their stupid move and now they are the one who officially brought the bear market. Anyhow, the damage has been done, rug pull or not, we should be very careful of our investments.

I also blamed the Luna team because they pegged the Luna coin with the terraUSD, it would have been better for the Luna coin to be away from this peg, which led to negative and affecting results on the Luna price and led to an increase in the circulating supply, also the Luna team did not respond to The community and to the founder of Binance which led to the deterioration of the price of Luna and terraUSD, and losses for investors estimated at billions of dollars, and they were unable to achieve any profits and they completely lost confidence in investing in crypto.

There's no need to look elsewhere really, The Terra team is the one to be completely blamed here. They failed to react to the market attack (or maybe just didn't do anything about it) and just let the people who bought their coin die off. Putting aside the issue of the coin being flawed in of itself, just the fact that they failed to do anything at all in response already paints them as quite the irresponsible team. Ofc there's also investors at fault for, well, investing but that's something natural in the span of, well, investment things imo.

Terra is no longer the good coin,you should omit this to save your money.Some people promote the Luna for the huge profit.But they forget the fact that 100$ loss is greater then the 50$ Profit with the half chances of sending money to the investments.Luna was added to the scam list of investment,don’t waste your time for such things.

And what approach could this be in your opinion? They tried some solutions but it didn't work. I think they should have halted sooner.

There are people who have been saying that the whole Terra ecosystem had a flawed design from the beginning but I bet the team and those who fell for the hype ignored that.

I completely agree.

Do Kwon was clearly arrogant prior to the crash and that caused a lot of people to bet against them - probably accelerating the demise of the protocol.

But to be frank, I'm not sure why any investor really saw this as a sustainable investment.

Anyone with a basic economics background and did half-decent DD would understand that Anchor would eventually be depleted of its yield reserves, and if UST depegs slightly, then it would essentially send LUNA to zero (especially if LUNA's market cap is smaller than that of UST).

Yes Mark301, please tell us exactly what is this more pragmatic and responsible approach?

I think Terra was always a shitcoin but you know what, they were actually more responsible than 99% of shitcoins in the space and still people bought them all blindly.

You shill MyCryptoParadise in your posts,,, I bet you 100% of all the coins shilled there are not pragmatic and irresponsible and yet you shilled them.

I don't have Luna when it's crashing  I just become interested in this stable coin because of how it contributed to the condition of the market, people invested here because they always looking at the chart and the hype its developers are creating in the community, we cannot go out of FOMO because of this we overlooked the mechanism until it failed and the project crashes.
Because of this investors especially those who lose a lot will check the mechanism of the coin they are investing in it's a very costly lesson but people have to move and hold on to what's left on them.

Well, I don't know if it's just a coincidence that the market went down because of them or it's a perfect timing that the market went down as we're about to enter the bear market.

But about blaming them, I'd say that they should be accountable for their negligence and incompetence. They've got a huge project and then a lot of issue had came out and it took quite long before they spoke about it.

What happened to Luna can happen to most projects if what I read online was the truth of what happened. I read that Luna depegged to BTC and that caused it lost of trust with its holders. The team took risk by that innovation to try out something new. But it is almost like it completely backfired. If it went positive for them maybe by now Luna price would have go up very well and all holders would be full of praises for the team. In business, risks are everywhere. I do not think the team did anything criminal. It is only a miscalculation.

Terra is not a good coin anymore as it has dropped a lot since the UST/USDT rate crash. Terra's team sold LUNA tokens and issued more LUNA tokens, the leading cause of the severe market crash. They were wrong in their risk management thinking that people bought into UST without thinking about the crash. That is one-way thinking.
Even the way they debug is very subjective and sloppy. They just begged for mercy from the community and couldn't master the lines of code in time. Consequences have been seen. Many people have lost all their money because of LUNA, had some breakdowns, and took their own lives.

This team was so garbage as fuck, they did nothing with LFG reserved funds and so what they have said to use to peg UST was not true at all. I think that the tera team was incompetence with what they said as well. This can be seen from the total tokens that are still increasing a lot despite the new claim by them if the new token can't be minted but they didn't even remember if this is a smartcontract where it can't be reversed. The price is dumping again.

https://blockworks.co/do-kwon-breaks-silence-terra-luna-was-essentially-my-life/
Do Kwon Breaks Silence: ‘Terra-Luna…Was Essentially My Life’
"Kwon, who moved to Singapore prior to the Terra crash, said he did so out of fear for the safety of his wife and child.
Do Kwon stated that he did not plan to return to South Korea, moreover, he said that the authorities of the country did not contact him and did not file any charges. According to his version, his activity is just an unfortunate case, not a scam."

All the blame should not be given to them. However, they are the lowest in the market. Because of this, many people have lost many things including their houses and cars. If they had paid attention to the market, they would have sold for such a large sum.

Whatever he says doesn't matter anymore.

He better pay with the lawsuits coming after him. From Celsius, Voyager and now this.

His defense and statements can't change the fact that Terra has ruined the lives of lots of investors. He is not the only one who is having this kind of trouble because Terra's investors also suffered from what happened to the said coin. Some of them lost hope and assets. He should really pay for what he did because it really had a huge impact on the lives of Terra's investors. Yes, crypto investment has risks but mismanagement should also something to be paid for.

I mean just because everyone else lost, doesn't mean that he didn't lose neither. I am 100% certain that he would have preferred if the project kept going because it would have helped him as well. I would have kept that project alive until I die if I was the creator, and I am sure he felt the same way as well.

I am not trying to say he is a victim just like the investors because he made some profit from this, but that doesn't change the fact that it is not going to be a big deal at all, it is going to be still an upset for him no matter what. He was just a person who failed, and failed big, that is a scare for anyone, and he lived it in multi million dollar ways unfortunately.

Whatever happens on the market, it's all because of the Terra team. And that's not only my belief that is true. And whatever they say, I don't believe their opinion. And now they've launched their new coin, Terra Coin, and they're hoping we'll forget what they've done to us. I promised myself that I would not invest in Terra Coin or any other ecosystem coin. and I also believed that this was the end of Terra. And they are not going to be a project like Old Terra. because they lost their trust. That's my opinion. Thank you.

i have same opinion with DO Kwon , its not scam but its speciall case which is some one know the weakness of ust stable coin algorithm and expose it for their benefit, i am believe for those did it early have alot profits now.  in this case Do Kwon didnt get benefits from Luna scam ,even he still have effort to make it great again. maybe by living on SIngapore, SOuth Kore authority will not fire him , but its wrong if government to government have deal about this case..

I agree, there are traces of evidence that one of their wallets is involved in crashing the UST market.  Aside from that Do Kwon idea of increasing the creation of Terra Luna, it was exploited by "hackers" and further crashed the market of LUNC.  Then shifting to a new chain by forking LUNC, the team completely abandon people who hold and spend a lot of money to support the LUNC market.  For sure he needs to be responsible to his decision that makes lots of people to lose their money.

That's true. They have failed the investors once, and they could do that again and we shouldn't be trusting them with our money at all. There isn't really a system where they could make sure that his never happens again, it could happen again and they would not be able to stop it another time.

You may think maybe it won't, and they will try their best, but ask yourself this; do you really think that they wanted this to happen first time? Of course not, we all know they didn't and yet it happened which means that they could try their best again and fail which would not be impossible. Hence, whatever else they do, they will always be a failure in my mind that I would never invest into.

I don't know if the terra team is entitled to take full responsibility or not. if this failure is due to an element of intentionality then it needs to be accounted for. but I think this could be purely an accident or a team negligence. so everyone is in control and the risks are each, both investors and owners. because high risk is common in crypto. and everyone knows that before getting into a project. However, I still feel there is something odd about the disaster that befell Terra. so I hope people should be more vigilant. and I will not dare to go back into the new terra. except for spot trading which is fast.

The fact that they disappointed their investors is a big impact of course, so that they can no longer be trusted. And I'm already one of them, although it's not big, I saw that most of the people who invested in this token invested millions of dollars and in an instant, it was dissolved and disappeared suddenly and it was difficult to get it back and the others never got back at all. It is always difficult to regain the trust of the community investors that they established when it was just starting.

So even if they create a new utility token, it's not that easy for them to get the big investors who once trusted them to invest again. So don't expect the terra team to recover. I wonder if this token is just waiting to cheat again and suddenly they will sell a large number of tokens again at the same time and run again in the end.

So many people lose their life savings and you said they must not be blamed? what a joke man. Those criminals must not only be blamed but must be jailed as well for another hundreds years. They were doing shady things. I hope do kwon wil be jailed as soon as possible.
Do kwon has been doing the biggest criminal in history of crypto. billions got wiped in a night.

failure in a project is a common thing and i'm not surprised if it happens, but for Terra, there is indeed a discussion out there who is responsible for all these accidents. whoever it is is at fault, but for me the owner of Terra should keep the coin in order to maintain its utility and not disappoint investors and the large community who have joined the Terra project.
i'm very disappointed, even though i don't hold Terra coins but it seems like there is no responsibility from the project owner instead wanting to print new coins. It's very disappointing when a big project like Terra already has a big community but they lose the trust of their investors.
but from this incident, it can make us more careful if we want to hold coins for the long term.

He was the one who caused the most pain to many investors and now he is still hanging around out there. I hope he will soon have to go to court and pay the price for what he did to the market for investors.
People believe in him and value his project but he stole everything leaving thousands of damage affecting hundreds of thousands of people's lives.

Do Kwon's attitude is the one to blame here.
His arrogance is the reason why the hackers targeted him and exploited the whole project.

Do you think that they will target him and the project if he isn't arrogant online? This is my opinion only but his arrogance lead him to failures like what they are experiencing right now. Well, the problem is they aren't taking the full responsibility and instead, they created another token and just let the old project die or they might abandon it in the future. What do I think with the Terra team? They are scammers, Kwon is an arrogant sh*t, I will not invest into any of the project that the Terra team is related on.

Just ignore the project if you want to invest your money and find another and better project.

As far as I know there were already people that knew the stable coin UST would be prone to attacks and will someday fail. As far as I know there were even similar predictions that showed how Terra luna and UST would crash and wipeout the whole ecosystem. But the founder was very arrogant and used to make fun of others who speak against Terra. He even said something like he enjoys watching others fail. He was even titled as "trash talking crypto founder" in NY times lol. Google it and his face will pop up.

whoever is on the Terra team, I really don't believe it anymore,
even if they relaunch their project of course I still don't believe in Terra,
this is a trash project and shouldn't be listed on all exchanges, I'm sure everyone will support it

Even if I think you are right and the collapse of Luna aggravated and accelerated the crash we are going through, we also need to recognize that if it was not Terra Luna then it would have been another coin or another event which brought the market down even further, the negative trend cannot be changed overnight and people were ready to panic anyway, however with that being said I really hope the developers of Luna end up in jail for a very long time for what they did to the investors which trusted in them.

terra team are swindlers who pretend like they are victims, there are a lot of people who lose big for the drama they make, since being one of the losers on terra tokens, i have decided to never again invest in terra tokens or any associated with them.

In the crypto world, there are lots of scams, so what the terra teams is actually doing is nothing new. There have been so many scams that have
occurred in the crypto world, therefore we must be careful in choosing projects for investment. But what really disappointed me with terra teams
they sacrificed a lot of people for personal gain. Then like you said they tried to abdicate responsibility by pretending to be the victim, such a thing
only tarnishes their own reputation. Now it's not only you who are let down by terra teams, but I'm sure many investors have blacklisted Terra Teams.
I've lost faith in terra team, so any projects related to Terra Teams I will avoid. It is proven that the new LUNA (Terra 2.0) did not run successfully,
even the price keeps dropping. That is the importance of maintaining reputation if the terra teams wants their project to be successful,
terra teams should learn from BNB and ETH if they want to succeed in the crypto world.

I had invested funds in Terra network projects right after it was launched and in the beginning I had earned handsome rewards but the massive crash it went through I had never thought of it . I got deeply disappointed with its management team because  whatever they did to save LUNA coin it did't work out and its crash caused many families to lose their life time savings. . In my opinion it was failure of its team who didn't  anticipate the consequences if idea of algorithmic stable coin and pegging it with crypto currency fails to work out in case crypto market crashes.

I am trying investing with Terra coins when price drastically drop under $0.5 but I don't have dip price after dip, I think never give second chance for Terra team have blame with price drop drastically and they have replace with new coin kinds. I think right now with new Terra coin still lower price but never waste your investment on Terra coin like Luna, UST or LUNC. I think enough with many time they make scam and loss much investor money after buying back Luna coin when price still pump. I believe when you try investing with new Luna coin they will make another drama with price of new Luna coins drop drastically again like old Luna coin.

No doubt, those people are criminals who have been scamming so many people with what they have called as the most trusted garbage stable token called UST. Only people who have no brain are still investing in this shit. In my opinion that if anyone must take legal actions against the team as well. They were scamming investors.

After what happened with the previous Terra project, I think most investors have lost confidence in investing in that project again. They tend to wait to see what the Terra project team will do and so far, there has been no progress from that team. Maybe some of them still hope that this team can still get a good position again in the market but others have lost faith in their project and choose to invest in other projects. Every investor can leave a project if they think it is no longer feasible to be a place of investment for them and that is what is happening now. Those who still believe in the Terra project may continue to hope that the Terra project can rise again in the next altcoin season. It is just my speculation for Terra project.

that's right, I really like your statement. they are a stupid team, and Do Kwon is the one who should go to jail,
I also can't understand why big exchanges like Binance and Bitfinex support Terra Luna, they should have this coin delisted!

These scammers are pretending they're the ones that need the sympathy of the community. They'll be punished and instead of helping their victims, they even made their pockets fatter.

You just did the right thing. And you know what's sad? There are still people that are interested in it and they're not giving up on their losses. They can't admit the fact that they've been dwelling on losses already. Hard to accept the fact that the team has lost them money.

The mistakes of the Terra team are certainly difficult for users to forget, now many people are stressed because they have lost a lot of money from Terra, the thing that can restore investors is to immediately pump Terra or at least it can cost $10 this year, if it succeeds in pumping Terra $10 then investors will come and join the pump .

They messed up, that's all I have to think about them, my advice is its going to take a lot of commitment and progress to erase their mess off crypto space, many investors are disappointed and some even left for good, its also hard to see a failed project getting back on its feet again so this is why I am walking away.

The team has been ruined everything from whole of holders. So many big investors and venture capitals were loosing a lot caused by this incident. I will remind you that if new terra will not be pumped again. Terra has come to its end. There's no need to pump the scam token like this anymore. People are actually wasting their money if they were investing in this garbage token again. I guess that's why the price dumped so hard. People care to dump their new terra.

Yes, a lot of investors still haven't let go and don't accept that terra is a thing of the past, they are still immersed in the thought that one day terra will recover and they can get their money back. That is really sad.

Honestly, there won't be any chance for terra to recover, it's not an accident but this collapse is a conspiracy, a plan devised and orchestrated by Dokwon and his team. So once the problem occurs there will never be a chance to recover.

That's right, the very significant fall in the price of Terra made many Defi projects and venture companies go bankrupt/exposed to liquidation, resulting in a large number of asset sales in the market. Terra really has a big role to play in this bear market, probably going to be the biggest scam in crypto. The current Terra team will not be able to bring Terra back to how it used to be, investors have left and the community is already disappointed

In the past, the terra team was really good,
they were even able to make TERRA in the top 100 of Coinmarketcap and could compete with Solana and Matic,
but now they are really bad people!, so my advice is don't trust their team anymore

People in crypto are not as stupid as you think, of course after what happened to Terra, everyone will blacklist their team members. We'll not see the future of this project again and we should forget and not discuss it here again.

BTW, the last news I know regarding the Terra team is that they are not allowed by the South Korean government to leave South Korea before the Terra case is completely finished and the bad hype about their case has died down.

Well there are still traders who take advantage of the volatility of Terra and surprisingly, there are still people who are suppotint the project after all the scandals and bloodbaths that happened.


But the main culprit had already been out of that country.  Pool underlings, always end up on the worst end of the stick.  I hope South Korean authorities will find and catch Do Kwon no matter where he is residing atm.

Sometimes for some people it is not easy to let go of their losses, so for them it is difficult to accept the fact that they have lost money.
So it's not surprising there are always investors who believe Terra will recover and they will be able to get their money back, there are even
investors who still hope they can make a profit from Terra. Even though Terra Teams has succeeded in fooling many people for their own benefit,
the scams carried out by Terra Teams are actually very well-planned. Because it's so unreasonable that Terra, which was previously among
the top altcoins, suddenly fell close to zero, that's a planned scam by the Terra teams. My advice for those who are victims of Terra Teams
must move on, and consider the loss experienced as a lesson that one must be careful in choosing projects for investment. Look for other
potential projects and have a bright future. Because there are still quite a lot of projects that are far more worthy for us to buy, rather than
trusting Terra again.

Crypto is an uncertain market and predictions can be outlawed when things doesn't happen as planned. According to me, the team planned for something. During execution they weren't able to achieve it. This means there is difference on theory and while on experiment. However they should've been more cautious, and government can only do this. Because, ap large number of people have invested into it believing its potential and the team.

They have a lot to learn, it seems the project is legit after all, Luna was one of those few projects I don't trust and after they failed I said to myself that yes I knew this will happen but I expected them to vanish but instead they are taking responsibility, it looks like I was wrong after all, they are willing to fix everything and get better, something I always look for in a team.

It is very difficult for the Terra team if they are required to give trust to the community, especially those who have experienced huge losses, of course the community will not want to fall into the same hole, especially if the crypto community is betrayed, they will never believe in the token.

Regarding the news you mentioned, it's true, that I've read it, it's not even bullshit, they can't leave South Korea, that's a very good decision in my opinion, so that the cases they do can be held accountable to the public..

Who is taking responsibility for the losses of investors due to the mismanagement of the Terra team?  As far as the rumor goes, the one that makes the price of UST depegged is due to one of the wallets of Terralabs unloading lots of UST on the market making the UST market collapse.  And Do Kwon thinks that increasing the creation of the original Luna will solve the problem which later was exploited which is still suspicious. 
Do Kwon already flee away from South Korea to escape from lawsuits, so what kind of taking responsibility are you referring to?

LUNA price was hitting $100++ in this year, and from $100 down to $0.0001 is very hilarious.
Many investors lost their money on LUNA, and im sure most of them won't put their money on Terra LUNA anymore.
Terra team are not fixing anything, just look at the price, there is no sign for recovery, just pump and dump.

For now the Terra team is no longer looking for a solution to what happened to their blockchain. However, they choose to find excuses to justify themselves, or to avoid attacks either in the media or directly.
They actually scammed through Terra Classic, they dumped all the coins within 5 days from $85 to $1, from $1 to $0.004 in one day.
People will not trust their blockchain ever, even if they developed Terra V2.
Maybe it's a new trap they're setting, and people don't want to be caught a second time.

Yes, team has done also many mistakes before crash as well as after crash. They were given many ideas for stable the Luna but they didn't think about any of them and launched another coin, that is still too low. Luna has lost a lot of investors, trusts, and also real time Supporters.

There were no all of mistakes of team, the Luna project was targeted so it happened.

In the aftermath of the big slap that happened to them, I think we all should just forget about LUNA and be more focused on the next big incoming projects. I'm not saying 100% that their coming back isn't possible but wag difficult as the majority doesn't trust it anymore.

Their team is most responsible for the destruction of Terra Luna today.I blame the team the most if they had established their huge project and platform well but today this Terra Luna would not be destroyed but in a better position.Just because of this team's negligence today the Luna project is totally destroyed which can never be recovered.

Perhaps, it was their responsibility to take care of their project and don't let the doom come to them but they just let happen and cause complete trust destruction. And to ask the question if they are still worth trusting? Not anymore.
People had learned somehow how this team making responded to this issue and it was found unreliable and seemed to be no more help rather than making another way to divert the mind of their investors and give a false hope.

I think that it will not even possible anymore to comeback later. Terra team has been facing so many legal action against them. they have potential to be jailed. I hope that will happen. I lost some of my money but that's quite small. That team was still creating gargbage forcoin which is going down so hard right now. No chance for this coin to increase anymore. Billions being stolen. Im feeling do kwon and whole of team must be jailed for another tens years or even more.

I have witnessed sudden jump of more than 100% in LUNC price in a week time which is very surprising  because nobody was expecting sudden such a big surge in a project that still holds supply of coins in trillions. Its marketcap is now above $1 billion which has created some hope who made huge losses when LUNA coin was massively crashed. The management team of LUNA should do something to reduce its supply substantially to attract more investment in this project.

https://coinmarketcap.com/currencies/terra-luna/

Scammers will not learn their lesson unless there are consequences for their actions, I'm pretty sure that there are many scammers that create project after project and nothing ever happens to them, and I'm sure that the community is tired of this, when the collapsed of Luna happened people finally discovered that Kwon had already created another project and it crashed as well, so who knows how many times he has done something like this before and got away with it, so it is important that he spends as much time as possible in jail so he can pay for what he did.

the team is already losing its face, their effort in fixing luna is very minimal therefore I don't think someone with right mind would ever invest in luna ever again. moreover coin like matic and solana definitely better than luna.
i think whatever action their team makes in order in increasing the value of their coin will have very minimal effect whatsoever so I don't think their team gonna ever make comeback again.

They did an effort for fixing?

I don't think that's really fixing.

The effort that shown was sort of impressive but it's not really all about the investors but all about them.

If you see those people right now, tell it to them on what they have on their minds.

I think that Terra luna's team are scammers and do not have a trust on them. Also, i believe that whatever happened with Terra Luna, It was an inside attack as that network cannot be compromised so easily.

I have no interest left in this project, not in the Terra Luna nor in the classic version. Just stay way from this project as there are still many good projects where one can invest. I also lost a bit of money in this project  :'(

I don't trust Luna's team anymore. whatever project they will make in the future I still can't believe it. even seeing LUNC and Luna now is like being a pump and dump coin. what an unhealthy chart. You are right there are many other better crypto projects like solana and matic. I'd be better off investing in Matic than Luna. but what makes me wonder is the fact that there are still many who are interested and invest in LUNA. I think they are taking a very high risk.

Terra team has come up with new proposal to put in place burning mechanism which will allow burning of small amount of LUNC on each transaction. This is why we have seen huge trading volumes & more than 200% rise in LUNC price. This is an attempt to reduce the supply of LUNC which is around 6 trillion.How far this idea succeeds to revive LUNC coin, only time will answer but we should appreciate efforts of Terra Luna team who didn't give up and still trying to regain confidence of investors. DYOR

As i told before, Terra Luna team are scammers themselves, so the scammers want to regain the confidence of the investors so that they can scam again  ???

Even with the 200% rise in Luna Classic, the price is still a fraction of the cents which is nothing if you are holding Luna Classic before the blockchain was compromised. No matter, they burn the token or whatever, this project is a big NO for me.

Talking about what they have in mind is only one, which is only the desire to get profit from Luna's investment, and without thinking about it in the future in the end everyone is complacent with their investment, in order to get bigger money, that without realizing they forget that the Crypto world it's very difficult to guess or has a big risk, whether it's about trading or investing..

I understand your feelings, they exchanged LUNA coins directly from their valuable money because they believed in LUNA and his team to bring the LUNA project into a long-term profit potential. but everything was damaged because of the negligence of the Terra LUNA team who were so easily attacked and there was no quick action at that time. i think they will believe if LUNA at least they have to pay money that can be exchanged to investors it will add a bit more confidence in the responsibility of the LUNA terra team. unfortunately it has been exchanged to get a stable LUNA price and it still FAILS.

It's obvious that they are scammers, since they didn't make any effort when Luna went down, if they were actually the victim they would not have watched it fall.

I think there is no reason to keep trusting the terra team, they have abandoned their project there is no reason to continue to trust them, I would rather throw my money into the meme project than invest into this dead lunac. Hopefully the Korean authorities will have a meeting or hearing about Dokwon and his team soon, don't let the scammers roam out there.

It's unpredictable.

That's why for most investors, they should be careful next time if they see a project. No one at the beginning have thought that this fiasco was about to happen.

And the actual of it that's going to happen is more than that, USTC and Luna, too much that it had dropped to zero from the hundred of its value for Luna and the stable dollar value for USTC.

As far as I know recently, all tera teams are under investigation regarding the scandal that happened a few months ago. Because the events are not a joke and many people were affected by this scandal, especially the community investors who invested a huge amount.

That's why everyone involved in terra luna is under investigation from the founder, to their staff, it's that simple.

And for honestly, I don't trust this anymore, besides there are a lot of altcoins at the moment in which is
better than this token anyway.

I'm sure many are traumatized by this coin because indeed when the attack occurred the price shock made everyone afraid. even $1 million just disappeared. I even received news that there were fatalities. it's very natural that LUNA's terra team is blamed for that, they are like an amateur team in managing the project, can they be trusted in the future?

I agree with you, going back to ATH luna will be difficult, you could say impossible, if the project is still running, I think it is already very extraordinary

Trust is very expensive, what terra LUNA has experienced makes everyone who puts money in LUNA panic and even stress. I personally have had a hard time trusting LUNA again even though she was once in the top ten crypto rankings it's just a thing of the past and is now falling down very deep despite starting with the latest version.

Not losing but have lost already. It's useless creating another version because the bad memories from those who lost big will not be easily erased. The efforts that they did is only minimal but what do you expect?

They can't do major efforts because their intentions are not good but if you compare them to the other scam projects, you will say that they aren't that bad because they are still here trying to create something which can lessen the anger of the people while the rest will just disappear and won't leave any trace right after they get what they want. Matic and sol are comparable before to luna but not anymore due to what happened.

Once a certain project do fails in the past then it cant really be avoided or you couldnt really blame out people not to have doubts or never ever trusting up the project team ever again.
Even myself does have that kind of principle or even just common sense that you should really be that aware nor that sensible on towards your actions.,If you do know and see that
a certain team had some failed projects in the past then you would be still considering on trusting them on second time around? There's no person on the right mind will eventually
fall for the second time unless if he had been hyped or fomoed by someone then most likely it would be ending up on the same mistakes.

Not until they cleared their name of the cases filed against the project team developers.  As far a I know at the current situation, terra might get delisted from all its exchanges when the case against its lead developers succeeded just like what happen on Centra.  If you can recall, Centra is quite performing well when the team is arrested for fraud.  In an instant, Centra market collapse. The same fate awaits Luna market if the Terra Team is proven guilty.

you still have faith in a coin that has been abandoned by its creator, i think you should take profits and leave them immediately if you don't want to pay a heavy price
you're lucky to have profited from the short-term hype of lunac, but that doesn't mean the project will come back, what you are getting into is just hype of the sharks looking for short term profits. in the long run, i can say it's really dead

It is certain that many people are traumatized by what happened to LUNA, we can imagine the losses experienced by many people with LUNA dropped
very drastically in a short time. That's a very bad thing and definitely destroys investors confidence in Terra Teams. Moreover, maintaining the trust of
investors is one of the keys to success in the crypto world. Now in my view terra teams looks like a bunch of scammers, who are harming a lot of people
for their vested interests. The reputation of terra teams has been destroyed by themselves, so don't expect their projects to be successful in the future,
because I believe most investors have blacklisted Terra Teams.

It is very hazardous what had happened The Luna team definitely i must say had break the trust of the community and i don't think in the near future their will be any die hard luna fan either beside all the issue i must say Luna team are doing good job now but still i recommend you guys to leave these project alone

Yes Luna crash play an role in getting market RED but certainly we might not refuse market is down due to multiple unknowing event held at a time like Sol block , Got exchange rumor of releasing btc ,Celcis,Vault, Government restrictions ,Slope and many more

About Tera luna it's really risky it is almost a gamble from now so
better try to invest in more fundamental project thanks a lot

In my opinion there is no one to blame. Whether this is intentionally doing it wrong or because of their condition, this is where you need to be careful in investing your funds to buy Altcoins, The team is also given a smart contract to print a bundle of luna while this time they can stop it from printing new tokens, with conditions like this for sure investors are furious that large sums of money do not get them back.

I think the team is still making efforts to revive Terra classic coin, It is very common economics term that scracity results into increase in price and the LUNA foundation team has followed this simple rule in their proposal (which suggest to burn a portion of coin on every transaction) that is yet to be approved by the community. The daily  trading volume is still more than 500 Million which reflects interest of general investors in this project and major exchanges like Binance and Mexc are supporting Terra classic upgrade.

It is hopeless, that was what I thought about this (scam) project. Because if they are really minding to correct their mistakes and wanted to gain back their reputation, they are supposed to work it out but sadly, nothing. It means that the team is no longer interested in building up and running back this project again, not anymore. Those investors who still have Luna, I guess need to accept that not all are too lucky and some of our thoughts can be wrong.

Of course the team should be held accountable because they have the greatest control over LUNA coins. If not them, then who?
but at least from this incident we can take a lesson if in the crypto world we must be full of vigilance because even altcoins that are in the top 10 CMC rankings can experience bad events like this.

with what is happening at this time not a few people blame them, thus Team Luna has lost a lot of trust, Investors and even they also lost real Supporters. this cannot be separated from their team's fault in my opinion.

I think the founders of Terra have seen the weakness of Depegging UST and LUNA carried out in the protocol, but everything went without good handling, when the price drop occurred, Depegging was stopped and made the mainnet, I think the government has taken action for that, because many investors who have lost a lot of money from holding stable coins ust

Terra LUNA traumatized everyone who invested in LUNA during this incident. because LUNA is already in the top ten it is easy for the community to believe in this coin, but this unexpected incident attacked LUNA which consumed the entire LUNA project. but it can't be an easy mistake to take advantage of, the LUNA terra team should be responsible for all the losses.

This incident is just a surprise for us and the market but not a surprise the terra team. I firmly believe that this problem is intentionally done by people inside the project, not by outsiders. It can be seen that when the crash happened, the terra team took no action and as soon as the crash was complete they quickly planned to create a new coin to divert attention. After creating Lunac, they chose to be silent and let things pass without any action, if not Dokwon is the mastermind why hide in Singapore?

There are many speculations about the incident that happened on terra and inside job is one definite motive. There are also proofs on some articles I've seen that it is indeed and inside job but one thing is certain. Terra team surely did a mistake and they should be responsible in it. They tried solving their issue at least but Terra team just introduced their band aid solutions to the main problem, They tried to repeg but the result of their vulnerability is inevitable.

no one is to blame for the accidents that many people face. the terra team is only looking for profit. I think it's just new investors who are stuck with the Terra team game, they really believe in what Terra is campaigning for, so a lot of their money is wasted in Terra.