Korean court rules $LUNA not a security
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Jane Street Accused of Orchestrating 2022 Terra UST–LUNA Death Spiral, Triggering $40B Crypto Meltdown, as Terraform Bankruptcy Administrator Files Manhattan Lawsuit in February 2026
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Terraform’s liquidators sued Jump Trading for $4B, alleging it secretly propped up UST, profited from Luna trades, and helped trigger crypto’s largest collapse, according to court filings and prior SEC claims.
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Do Kwon sentenced to 15 years prison, to serve second half of sentence in South Korea
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DATs aren’t “the next LUNA,” but unwind risks exist. With little leverage, forced selling is unlikely, yet arb incentives grow if mNAV drops. Outcomes depend on how concentrated holdings are—few big players dampen risk, many big DATs amplify it.
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Do Kwon changes plea to "Guilty." Inner City Press live-tweets the proceedings
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Galaxy Digital settles with New York AG for $200 million over undisclosed LUNA promotions and profits, according to Axios.
Axios ·
Jane Street Accused of Orchestrating 2022 Terra UST–LUNA Death Spiral, Triggering $40B Crypto Meltdown, as Terraform Bankruptcy Administrator Files Manhattan Lawsuit in February 2026
WSJ ·
Terraform’s liquidators sued Jump Trading for $4B, alleging it secretly propped up UST, profited from Luna trades, and helped trigger crypto’s largest collapse, according to court filings and prior SEC claims.
Cryptonews ·
Do Kwon sentenced to 15 years prison, to serve second half of sentence in South Korea
ꘜ/@SynopticNewswire ·
DATs aren’t “the next LUNA,” but unwind risks exist. With little leverage, forced selling is unlikely, yet arb incentives grow if mNAV drops. Outcomes depend on how concentrated holdings are—few big players dampen risk, many big DATs amplify it.
𝕏/@Galois_Capital ·
Do Kwon changes plea to "Guilty." Inner City Press live-tweets the proceedings
Inner City Press ·
Galaxy Digital settles with New York AG for $200 million over undisclosed LUNA promotions and profits, according to Axios.
Axios ·