What will happen to LUNC after its founder is arrested?!

[albon]

Hello,

I read today's news that South Korea has arrested the founder of Terra Do Kwon and five other people because the founder of Terra Luna is facing allegations of violating the country's capital markets law
I hope that the Luna Classic coin will not be affected by this news of the arrest, it is sad to be surprised by this news after the Luna Classic coin witnessed great heights and delighted the crypto community

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

Source: https://cointelegraph.com/news/south-korea-issues-arrest-warrant-for-terra-founder-do-kwon

[batang_bitcoin]

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

Why are you asking this just now? Isn't it that when the original Luna has dropped together with UST, that's already a sign that people should have their enough from these projects? And now with the arrest, it's obvious that you should have just dumped the token when it was pumping.
After that problem they've got, there's really no more credibility on the people behind these projects. Think of a stable coin that has dropped to zero, damn, that's already a total red flag.

[Johnyz]

The effect will still be there even if LUNC is no longer under the same developer of LUNA, DK should face that consequences and this should be serve as a lesson to everyone. The arrest of DK will put more risk on the project LUNC, I don’t know but if LUNC can’t survive from it’s current correction most probably we will not see its pumping again in the coming days, if you recently bought LUNC, better to cut loss now.

[goaldigger]

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

After being over bought, now LUNC enters into a correction phase which I think is a good one so better not to panic and analyze the trend with the effect of this news.

Honestly, the arrest might bring back the trust of investors to LUNC since many will enjoy that justice and of course this is a new opportunity for the new developer of LUNC to make their name for their own and better for them to totally disassociate this project to DK. We can’t tell the future trend correctly, if you didn’t trust this project anymore better to sell now and regret nothing.

[ChiNgadOr]

This arrest can mean a lots of bad news for this project and I think investors will start dumping it with time if things are not resolved properly. I know some persons that had made some good profits from the rise of the Luna even though it looks literally a big risk to investors who might see it as an opportunity.
This is a bad news and this could create an end for this project and the partners. Some many investors had already been in a big loses since the first dump of terra and now things are getting worse.

[ryzaadit]

More death trap for all-investor.

You already got a scam at the beginning but still investing on the 2nd token? hell nah. I feels bad for a lot people who are a victim of LUNA but for the people who are still investing with the 2nd token (Why you never take a leason).

Trust is important, If the trust already lost no matter how good you are not gonna work.

[eaLiTy]

~
I read today's news that South Korea has arrested the founder of Terra Do Kwon and five other people because the founder of Terra Luna is facing allegations of violating the country's capital markets law
I hope that the Luna Classic coin will not be affected by this news of the arrest, it is sad to be surprised by this news after the Luna Classic coin witnessed great heights and delighted the crypto community

Do Kwon has an arrest warrant but not sure whether he is arrest, but it is not a surprise because he was a scammer from the beginning withdrawing millions monthly and with the rug pull i am surprised that there are users believing that the coin would pull through. Just move on rather than investing again in this scam as it is not going anywhere and i hope Do Kwon will be behind bars  .

[NicNacCoin]

Hello,

I read today's news that South Korea has arrested the founder of Terra Do Kwon and five other people because the founder of Terra Luna is facing allegations of violating the country's capital markets law
I hope that the Luna Classic coin will not be affected by this news of the arrest, it is sad to be surprised by this news after the Luna Classic coin witnessed great heights and delighted the crypto community

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

Source: https://cointelegraph.com/news/south-korea-issues-arrest-warrant-for-terra-founder-do-kwon

If there is justice in the arrest then surely people will start investing in this platform.If they can update this Luna platform more and if they can fix it after the arrest then Luna platform can be a bit self-sustainable.But I think Luna is on the mend a little bit.But we are always hopeful that corrections can be made after arrest.

[Uang_kartal]

maybe teraform has disbanded and needs to be vigilant if you still want to maintain the asset network. This is surprising even though a few moments ago LUC experienced a significant pump. If you have enough assets in LUC and the like, please calculate your risk. DWYOR. If the purpose is for a collection like mine, it is to commemorate the history that the event has ever happened, that's the right for the holder.

speaking in good terms, maybe in the future someone will acquire or continue the developer, in my opinion, you have to work hard, improve reputation, trust investors and remove stains by being born again.
I think if it's another bad thing then this network will be legally frozen for evidence.

[JoyMarsha]

The arrest would have happened before now. I was expecting South Korea to get him locked up before the creation of terra's classic. Was he expecting to be scot-free after he rugged pulled everyone? This arrest is the pure end of luna's classic. What remains now is for every investor hodling Terra Classic to dump it and move on. Luna should be taken as the worst investment gone wrong in the history of crypto.

[GreatArkansas]

The arrest would have happened before now. I was expecting South Korea to get him locked up before the creation of terra's classic. Was he expecting to be scot-free after he rugged pulled everyone? This arrest is the pure end of luna's classic. What remains now is for every investor hodling Terra Classic to dump it and move on. Luna should be taken as the worst investment gone wrong in the history of crypto.

It's just sad, seems everything is planned and manipulated. The Terra Luna Classic was pumping last week before the news about arrest warrants for the founders have been released. They were celebrating about the pump until this bad news happened.
I'm sad for those people who trust again this project, one is enought.

[AnonBitCoiner]

If lunc founder arrested and this news published on media it will be very bad for Lunc project and also lunc price. Tornado cash was down 3x because of this news and lunc will also down after this news.
I recommend to sell lunc and buy other coin which has no risk  Matic and Lido is good investment for now.

[Silberman]

Hello,

I read today's news that South Korea has arrested the founder of Terra Do Kwon and five other people because the founder of Terra Luna is facing allegations of violating the country's capital markets law
I hope that the Luna Classic coin will not be affected by this news of the arrest, it is sad to be surprised by this news after the Luna Classic coin witnessed great heights and delighted the crypto community

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

Source: https://cointelegraph.com/news/south-korea-issues-arrest-warrant-for-terra-founder-do-kwon

I really hope that this means this coin is finally going to disappear, I know there are people that decided to take the risk and invested in that coin after it crashed, but that was their decision, no one made them do it, out of their own volition they decided they wanted to take that huge risk knowing that the arrest of the Luna founder was just a matter of time, so if someone happens to lose money in this coin when we all knew it was a scam then the only thing I can say is that I'm not really sorry for them and that they should have known this was coming.

[Dave1]

Why do we still need to speculate as to what is going to happen to LUNC?
We've seen what it had done to the market and to it's investors already, so not sure if people are still willing to put their hard earn money on this project. Unless they wanted to have a pump and dump and take that profits right away so at least lessen the money that they have lost.

So it will be obvious that when the founder is going to be arrested and sent to jail, it very well collapse. But then again, there are manipulators around, who are going to play people's sentiment and again do their thing, keep it running through pump and dump scheme.

[LogitechMouse]

I hope that the Luna Classic coin will not be affected by this news of the arrest, it is sad to be surprised by this news after the Luna Classic coin witnessed great heights and delighted the crypto community

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

Why hoping that Luna Classic will not get affected by this news? Are you holding Luna Classic like other ignorant investors out there?

This might be harsh for you, but you have been in the forum for a long time already and yet you don't know that news like this will always have a negative effect towards the project. Just after the article was posted, 2 of their shitcoins LUNA and LUNC dropped double digit percentage which is a good thing and they deserved to get arrested after what happened in their previous project.

Fate of Luna Classic? I just hope that it will be removed in Binance and other huge exchanges. Do Kwon is simply trying to regain the trust, but he can't and will never regain it after what happened last time. There is no sense in holding their shitcoins and traders will just use these coins as a pump and dump coin.

[Sayeds56]

Hello,

I read today's news that South Korea has arrested the founder of Terra Do Kwon and five other people because the founder of Terra Luna is facing allegations of violating the country's capital markets law
I hope that the Luna Classic coin will not be affected by this news of the arrest, it is sad to be surprised by this news after the Luna Classic coin witnessed great heights and delighted the crypto community

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

Source: https://cointelegraph.com/news/south-korea-issues-arrest-warrant-for-terra-founder-do-kwon

The immediate reaction of market was very negative to news of Du Kown arrest warrant. It is better to take exit because its price may fall further in coming weeks unless you have invested small amount which you can afford to lose if LUNC crashes again and makes new bottom. The idea of Burn Tax was not bad and some exchange had supported it but if DU Kown is arrested then massive selling is likely to happen & some exchanges may delist it.

[Xxmodded]

Almost all coins when the owner has legal problems the price immediately plunges drastically and there are almost all market delist trades, ever I hold Centra coin have been listed with Binance exchange market but when developer under arrest price drop drastically and Binance announce for delisting trade without few days after the owner get problem.

Terra Luna network looks will drop drastically few days later but depending with cases faced by Do Kwon, he will get second chance for explaining what happen with all Terra Luna Network price drop drastically last several months and he tries replace with new Terra Luna coin version.

[adaseb]

I told you guys months ago to stay away from Luna. It’s pretty ironic that right after it pumps there is news of him getting arrested. Why didn’t they do this months ago?

Luna had a huge pump, largest alt pump I’ve seen in a while and shortly after this news comes out. I think someone led this pump because they knew what would happen.

[fuguebtc]

If lunc founder arrested and this news published on media it will be very bad for Lunc project and also lunc price. Tornado cash was down 3x because of this news and lunc will also down after this news.
I recommend to sell lunc and buy other coin which has no risk  Matic and Lido is good investment for now.

This was a dead project that has not been in development for a time, what you are seeing is nothing more than the hype of the sharks at the moment. With the news that the arrest of Luna's CEO will have a short-term price impact but no long-term impact as Lunc is indeed dead.

No coin is 100% safe here, mate. I completely disagree with you when you say that matic and Lido are risk-free, even bitcoin has no guarantees that it is risk-free. The nature of investment is inherently risky and cryptocurrencies are considered the riskiest investment channel.

[Mr. Magkaisa]

Hello,

I read today's news that South Korea has arrested the founder of Terra Do Kwon and five other people because the founder of Terra Luna is facing allegations of violating the country's capital markets law
I hope that the Luna Classic coin will not be affected by this news of the arrest, it is sad to be surprised by this news after the Luna Classic coin witnessed great heights and delighted the crypto community

What do you guys think?
What is the fate of the Luna Classic coin after the arrest of Do Kwon? Will after this bad news investors will continue to HODL the LUNC coin?

Source: https://cointelegraph.com/news/south-korea-issues-arrest-warrant-for-terra-founder-do-kwon

-   Maybe when the value of Luna classic pumped up they already knew that this would be the result of the court verdict, now before this announcement, its value is gradually decreasing according to the Binance exchange, imagine it pumped 0.00049 $ and now it falls playing between 0.00027$.

But I think even if there is an arrest warrant, the only thing that will happen here in luna classic is pump and dump, it's quite risky to buy it or we don't know if it will be listed in the exchanges where it is listed in cryptocurrency.