LUNC, LUNA Präisser falen no der Afréiere vun iwwer $40 Millioune Wäert vun Terra's Do Kwon Verméigen

Wu blockchain Rapporten that South Korean prosecutors have frozen two exchanges of $39.66 million of crypto assets, including BTC, belonging to the embattled Terra founder, Do Kwon. Wu cites Korean news website News 1 as the source. This comes after allegations of a prior move to transfer 3,313 BTC shortly after Do Kwon was issued an arrest warrant.

Laut News1 hunn südkoreanesch Procureuren $ 39.66m u Krypto Verméigen gefruer, dorënner BTC, am Besëtz vum Do Kwon duerch zwee Austausch. Do Kwon an LFG hu virdru refuséiert datt se probéiert hunn hir 3,313 BTC ze transferéieren nodeems se en Haftbefehl ausgestallt goufen.https://t.co/kNxFRyeasD

- Wu Blockchain (@WuBlockchain) Oktober 5, 2022

As reported by U.Today, South Korean prosecutors alleged that 3,313 Bitcoins were moved from KuCoin and OKX exchanges by a TFL wallet. Kwon allegedly created a new wallet for the Luna Foundation Guard, the nonprofit behind Terra, shortly after being slapped with an arrest warrant.

Wéi och ëmmer, d'Luna Foundation Guard huet d'Behaaptung ofgeleent, a seet datt et keng nei Portemonnaien erstallt huet oder BTC oder aner Tokens, déi vum LFG zënter Mee 2022 gehal ginn, geplënnert huet.

Owing to a lack of positive catalysts, LUNC and LUNA prices are presently in the red. The new Terra blockchain, with its LUNA token, continues to struggle to attract investors to its ecosystem as Do Kwon’s legal woes continue to impact it.

Annoncen

At the time of publication, LUNA was also trading at $2.40, down 2.42% in the last 24 hours.

Contrary to expectations, the impact of Binance’s planned “burn” of LUNC — the native token of the old Terra chain — turned out to be underwhelming.

Binance “burned” nearly $2 million worth of LUNC, which only represents 0.08% of the total supply of the token, too minute to have any measurable impact on LUNC’s massive 6.9 trillion supply.

The price of LUNC dropped 3.90% in the last 24 hours, to $0.0003037, according to cryptocurrency price tracker CoinMarketCap. LUNC continues its prior declines from Oct. 3, setting up to mark the third consecutive day of losses.