Terra' LUNA , LUNC Fall After Do Kwon Arrest News, Community Reacts

Terra and LUNC Prices Drop After Do Kwon Arrest Warrant News

A South Korean court has issued an arrest warrant against Terra Luna founder Do Kwon.

[{"selector":"#anim-c06269c1-147d-4564-8fa3-b9182ab8beeb","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-82d71fe8-e454-47f4-8625-aeaa6fe030da","keyframes":{"transform":["translate3d(-93.125%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f74558b-618b-4767-9485-2ead310c6102","keyframes":{"transform":["translate3d(115.08195%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ad33a300-b052-41fc-98d6-d98d6660cc25","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4cd3775a-41de-4519-b07f-c609380158b2","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Prices of LUNA and LUNC fell over 40% and 20% to $2.29 and $0.00027 earlier today.

[{"selector":"#anim-926ed97c-1994-4d1d-8240-49423f9d95cc","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a915d10a-de85-4fd3-ad59-6c62d2ecfa43","keyframes":{"transform":["translate3d(-93.54167%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-099c35bf-cd92-4b0f-ba3a-7d97ab1c0699","keyframes":{"transform":["translate3d(116.39344%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c2b583bb-ab4d-48d0-a678-6571755f202c","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-87018b30-0716-48fc-a487-3b1f1adf915b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

LUNC had skyrocketed by almost 37,000% since the Terra-LUNA crashed earlier this year.

[{"selector":"#anim-fb27482e-289a-4a89-9f30-def1ac8c8cbc","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-066d2999-bb54-4261-a7b9-b9ec04fb6192","keyframes":{"transform":["translate3d(-93.54167%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa576268-2faa-4f17-9741-aff47fb61263","keyframes":{"transform":["translate3d(116.39344%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45f0eb23-926b-40c5-899d-6728e6407e58","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd742214-a195-4a78-8a7c-c31729ad5207","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-908b5267-7d19-4353-8665-b60fa87189b9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(30.389404163863464%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}]

Earlier today, it was revealed that a South Korean court had issued an arrest warrant against Do Kwon and five others.

[{"selector":"#anim-c5d23d5c-890c-4062-b329-51fa23d02ad9","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fa810d8d-981f-49fd-9b28-3569e803660f","keyframes":{"transform":["translate3d(-95.625%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e1cde073-3581-4254-b978-5c4ba2822596","keyframes":{"transform":["translate3d(112.33766%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2cc318f-2ef9-4466-87f1-7acd94f39064","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22e7a075-b247-4043-bd27-9520b949ef23","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Local media also reported that prosecutors will work with Interpol to extradite Do Kwon from Singapore.

[{"selector":"#anim-c53f1ff7-2b5d-4f9b-9964-f3bafec3fa09","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3664f2d-93fa-40c9-ae4f-c44b25c5be0c","keyframes":{"transform":["translate3d(-93.54167%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-087c5c68-2ca8-4c31-abe6-e2ea86319038","keyframes":{"transform":["translate3d(115.90910%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-692f2c70-3623-4b93-9ac3-a517a7c74e6a","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-245bbef0-1bcf-497b-bd91-686b0d8f4928","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-3abf6d98-599d-4416-9208-d1927bbbaa23 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-50.58646166948532%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Terra LUNA crash was among the most drastic crashes in the crypto market, erasing about $45 billion.

[{"selector":"#anim-ead9f6fa-9bf1-4d59-9c8f-b1acb4597307","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b37d30d0-90de-4676-aec2-f5cd25f36e9e","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c46612a-ff69-4bd5-8869-f30b3fe74732","keyframes":{"transform":["translate3d(118.50649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ffd2cb4-d173-4887-b694-9d32a065954e","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d5b8f3ba-739c-4d2d-bf54-427b35ce3c94","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Terra’s stablecoin was promoted as a safe coin with it’s value pegged to dollar, however, it fell to nearly zero in May.

[{"selector":"#anim-fc55b936-a5c1-4df0-96fe-c9bd524c583d","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5b20f55-ae9e-4f18-b294-290b68ca83b5","keyframes":{"transform":["translate3d(-95.70815%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fea4c8ec-4d83-40b0-a1c7-3a77670bedd2","keyframes":{"transform":["translate3d(211.66660%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-f87c95d8-2e61-48fa-8a9f-32be575ab4cc","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] More Crypto Stories...