Do Kwon sentencing hearing scheduled for December 11:
$LUNC &
$USTC historical low, Fluctuation is about to hit?
Core facts:
• Do Kwon (co-founder of Terraform Labs) has pleaded guilty (pleaded guilty to conspiracy and wire fraud on August 12), and the sentencing hearing will be held on December 11, 2025, at 11:00 AM at the Southern District Court of New York.
• Potential prison term: up to 25 years (plea agreement suggests ≤12 years), with a forfeiture of $19 million. The verdict may affect the sentiment of the Terra ecosystem.
Impact on
$LUNC & $USTC:
• Both are at historical lows ($LUN