Do Kwon appealed the decision to extradite himself to the US, but it's only a delay because the appeal was based on not following the procedure in court and it's just a matter of time before he would get to the US, one way or another.
Look at Sam Bankman Fried, ever since he was trialed in the US, Bitcoin went up, the FTX token went up in value.
Luna Classic should be no different.
Once Do Kwon is in the US he would have to give up lots of holdings and control over the USTC and LUNC tokens, this includes burning (very likely) and other factors that could push up the price.
The requirement for this to happen? Lots of patience.
Stake your LUNC for 1X% yield (via Trust Wallet, Atomic Wallet and more) whilst the currency is gonna go rollercoaster until that happens.
What do you think about all of the above? Agree? Disagree?