Terra Luna Updates

[Mr. Magkaisa]

From the news I have come across, it seems that the former employees of terra form labs who developed the controversial Terra luna and UST have no escape. The Soul southern prosecutors office has issued a travel ban on Terra Luna employees. This is to prevent them from leaving the country and escaping potential cases and investigations against them. Many were also affected when Terra Luna and UST collapsed in Korea. And the estimated Koreans affected are around 200k Koreans and the employees of Terraform Labs are also annoyed, but other employees are willing to cooperate if necessary.

According to the report, the passport of the CEO of terra luna may be invalid. Currently living in Singapore. But despite this, they were able to launch Luna version 2.0 up and down the current movement. But Do Kwon still denied that he cashed out multi-million dollars before Terra Luna collapsed.

Referrence:
https://techcrunch.com/2022/05/20/terra-creator-do-kwon-faces-prosecutions-in-south-korea/
https://cryptopotato.com/terraform-labs-terra-staff-reportedly-under-investigation-by-south-korean-authorities/
https://forkast.news/skorea-blocks-ex-terra-employees-leaving-country/

[OcTradism]

Don't read news about Terra Luna at this moment, you will not know what to do if you are affected by news.

Luna Classic will not die and it is good news for people hold it.

The chart shows LUNC has a several weeks of accumulation and might pump anytime. But you can not exclude a crash to 0.00006 to 0.000065 before it will begin another good rise.

Burning creates value and LUNC is being burned. Value will be gotten even it takes so many months.

[hugeblack]

There is no point in following the news of the project if you are an investor. The reasons that attracted millions to the project have disappeared and confidence has collapsed and it is impossible to restore it at the present time. Therefore, there is no hope for the project to live, even with the recent updates that have been followed.

But if you have money and you lose it, it depends on your country and the development of the case, but it is difficult to be compensated now or it may take some years.

[Baofeng]

Not sure though about the latest in Luna, but from what I heard, yeah, the South Korean government are really doing their best to bring justice to all the victims on this project. I think Do Kwon has no escaped because the prosecutors have been digging about the past of the people involved in this project and they found that this might not the first time that this individuals have been involved in this kind of fraud. I just hope though that the victims can at least be compensated specially those who lost a lot of money in this project.

[Yatsan]

Not sure though about the latest in Luna, but from what I heard, yeah, the South Korean government are really doing their best to bring justice to all the victims on this project. I think Do Kwon has no escaped because the prosecutors have been digging about the past of the people involved in this project and they found that this might not the first time that this individuals have been involved in this kind of fraud. I just hope though that the victims can at least be compensated specially those who lost a lot of money in this project.

This is really sad. One of those projects who gave millions to investors but also damaged a lot people especially those who are new in this industry who were carried by the waves of 'hype'. No matter how many times we say "learn from this", there are always people who are getting caught off guard. No one expected? I'm sure there are people who managed to foresee what happened. Still sorry for those who lost ton of money. I've also read an article wherein a person took his life out of his frustrations with this project, which makes 'it' fresh at this moment.

[ethereumhunter]

Whatever news the Luna team puts out, you better be careful because we don't know what will happen next. I heard the government would soon put Kwon on trial, but I didn't know the truth. Better not to try to risk investing in Luna for now and let them sort things out first. Many other coins have the potential to give us an advantage while we wait for further notification from the Luna team. But if you still want to invest in the project, I just remind you not to use big money because we don't know the risks.

[livingfree]

That's the only revenge of those poor victims and investors of theirs. But anyway, it's better to unwind and stop following news about them and these projects specially for those mentally affected by the great dump of their projects.

4 projects right? CMIIW including their new ones.

That's a lot and they've made a lot of money from those fake promises and yet their investors still had believed them.

[lumbanrang]

Who else currently believes in LUNA? this has become a trash can and has long been abandoned by many investors. People will no longer trust anything the LUNA developers do.

[Maestro75]

There is no point in following the news of the project if you are an investor. The reasons that attracted millions to the project have disappeared and confidence has collapsed and it is impossible to restore it at the present time. Therefore, there is no hope for the project to live, even with the recent updates that have been followed.

Your advice should be heeded to. Those who have already lost money in Luna have to move on and save themselves some sleepless nights of worries while investigations into the fraud continues. It is a shame that some employees of Luna aided that scam which has make alot of investors loose money. This scam is the talk of the town in this year's cryptocurrency events.

[Coyster]

Whatever updates coming out right now regarding Luna isn't really relevant tbh, people have lost money and trust in it, and quite a lot of them might not be able to ever recover from their loss, do you believe such people will care about anything regarding Luna again, other than how they can get compensated, if possible anyway. Imo, there is no hope for this project, i know quite a lot of people are still hodling this coin and waiting for a miracle to happen, and i wouldn't really blame them, but those i'd blame are the people who still bought after the crash occurred, expecting a different outcome from the project, it is just basically rinse and repeat, with people hardly ever learning from the experiences of others.

[virasisog]

Who else currently believes in LUNA? this has become a trash can and has long been abandoned by many investors. People will no longer trust anything the LUNA developers do.

Despite launching a new coin as a replacement for Luna, they will never regain the trust of their investors again. The damage has been done and they should only pay for it. Investors who have their lives ruined because of Luna deserves justice. It's a good thing that South Korea is doing its part to investigate and solve this case. It's just sad for innocent employees who are suffering for things that their employers have done.

[X-ray]

All of latest news about luna related to the investigations for the company. Even some big countries have been trying to investigating this shit together. Do kwon was facing a huge problem and he may go to the jail as soon as possible.
Terra luna collapse was a very very bad thing for a lot of people. I will not be interested to see the latest update caused by whole of news are about the process to bring do kwon to the jail.
I just wanna see the result whether regulators can take a good step for the victim from this project or not. Billions getting wiped out in a few hours.
That's worst thing.

[JohnBitCo]

Don't read news about Terra Luna at this moment, you will not know what to do if you are affected by news.

Luna Classic will not die and it is good news for people hold it.

The chart shows LUNC has a several weeks of accumulation and might pump anytime. But you can not exclude a crash to 0.00006 to 0.000065 before it will begin another good rise.

Burning creates value and LUNC is being burned. Value will be gotten even it takes so many months.

How much will Luna Classic pump    People have bought this crap for 50$, 40$, 30$, 10, 5$ and so on.

No matter how much it pumps it can never reach even one dollar. Luna Classic investment can only be profitable for those who are buying it.
now. Old holders / buyers are rekt. 

[Sarah Azhari]

Who else currently believes in LUNA? this has become a trash can and has long been abandoned by many investors. People will no longer trust anything the LUNA developers do.

OP seems to believe Luna, no one out there goes into the same hole except the donkey. whatever the name, while creating the same developer and team, they are still they will plunge you are and steal your money.

[Tony116]

What do you expect from news like this, everything about Luna is over and there is no way to recover Luna, it's true and we should forget all about it.
Dokwon continues to counter that he has nothing to do with Luna's downfall, he is also just a victim, but rather that he is hiding in Singapore and refuses to return to Korea. It shows that he is afraid when he returns he will face the law, it is clear that he is avoiding responsibility.

[Dave1]

I think the latest update that worth reading from the debacle that Do-Kwon did to the crypto space is when everyone was behind bars, their investors get their money back and people learning from from it.

And for those who are lucky that they didn't invest or bite on the early success and ride on the hype, then good for us. But those who have lost a lot of money, hopefully you guys received the money that you lost here. And I don't think that Luna or any one associated with this project should gain their reputation from the community.

[loveselenagomez]

When i see terra luna i feel very very angry in my mind 😡😡😡 but this is my bad luck why i am invested in terra luna. My portfolio totally gone after terra crash.

[Ayers]

I think the latest update that worth reading from the debacle that Do-Kwon did to the crypto space is when everyone was behind bars, their investors get their money back and people learning from from it.

that's what I'm more interested in than general news like this, Dokwon deceived all the investors and took their money
to date, no legislature has convicted him and returned the money to investors, in a recent Dokwon interview since luna's death, he said that he didn't receive any summons from the country he lived in about luna's death, he thinks he's also a victim of luna's collapse

[LogitechMouse]

Those who invested and lost in Terra Luna are the ones who might get affected into this kind of news but for me, I'm not affected at all and will never invest still into a project that has "Terra" on the start of it's name.

Well, employees of TFL might also involved into what happened to the project so it's a good thing that they issued a travel ban to them. Overall, if you invested into Terra Luna, your money will not get compensated anymore so just move on and don't read articles regarding Terra or Do Kwon because it will only piss you and make your day bad . I'm just hoping that their new project will not be the same as the first one because it looks like many are still in support of Terra Luna project.

[lumbanrang]

Who else currently believes in LUNA? this has become a trash can and has long been abandoned by many investors. People will no longer trust anything the LUNA developers do.

Despite launching a new coin as a replacement for Luna, they will never regain the trust of their investors again. The damage has been done and they should only pay for it. Investors who have their lives ruined because of Luna deserves justice. It's a good thing that South Korea is doing its part to investigate and solve this case. It's just sad for innocent employees who are suffering for things that their employers have done.

Yes, it is very sad to see so many people whose lives have been ruined because of LUNA. In some cases, the investors even committed suicide. The investigations carried out by South Korean officials also don't seem very helpful, because in fact, Do Kwon is still out there enjoying the money he made from the destruction of LUNA.