#加密货币监管 Seeing the news that Do Kwon was sentenced to 15 years, I actually don’t find it surprising; rather, I think this verdict is very necessary. A loss of 40 billion USD has caused many families to fall into hardship. This is not just a personal investment mistake, but a systemic trust crisis.

Looking back at the Terra story, the most ironic part is — it used the simplest promises to deceive the most people. 20% high returns, "zero risk" narratives, exaggerated technological prospects—these well-packaged stories all point to the same truth: there’s no such thing as a free lunch.

What I want to remind everyone is that this case has given us the most valuable lesson. Whenever you see promises of "high returns, low risk," stop and ask yourself a few questions: Where does this return come from? Why am I the one who can get it? Where has the risk been transferred to?

The first step to asset safety is never to pursue the highest returns, but to understand what every penny you invest might face. Good position management, staying vigilant, and leaving room for flexibility—these seemingly "conservative" practices are actually about exchanging time for true financial freedom.

In the long run, a prudent asset allocation will never let you down.