{"content":"🚨 Breaking Crypto News – LUNC Founder Pleads Guilty 🚨 Do Kwon — the creator of the original LUNA (now LUNC) — has admitted guilt in a U.S. court to major fraud charges linked to the $40B Terra ecosystem collapse. Key Details: Arrested in Montenegro (March 2023) for traveling on fake passports. Extradited to the U.S. in late 2024. Pleaded guilty to conspiracy and wire fraud. Will forfeit over $19M in assets. Faces up to 12 years in prison — sentencing set for Dec 11, 2025. 💡 This marks one of the most significant fraud cases in crypto history — and could set a precedent for how global authorities tackle similar crimes.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/14/572ae57454aa4abdbd55f09e4d2fc08f.jpg"],"tags":[],"tradingPairs":["LUNA/USDT"],"quotearticleid":0}