Regarding the subsequent development of LUNA2 and USTC, the latest news is that the project founders have been sentenced to 15 years in prison in the United States, while South Korea continues to pursue related individuals. From a market perspective, this verdict has undoubtedly become a heavy blow weighing down on these two tokens.
Many people predicted earlier that once the legal final judgment was made, the market reaction would be extremely fierce. It now appears that this pessimistic expectation is turning into reality. At the moment the verdict was announced, it almost signaled that these two projects had reached their end. Many investors believe that even if someone wants to rescue the situation, it is now beyond salvation.
From a technical standpoint, the trends of LUNA2 and USTC are pointing in one direction—continued decline. Market confidence has been completely destroyed; the founders are in prison, the core team is dispersed, and the credit system has collapsed—these factors combined make it very difficult to see anything that could reverse the downward trend. Many industry insiders believe that these two tokens may ultimately fall all the way to zero.
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Regarding the subsequent development of LUNA2 and USTC, the latest news is that the project founders have been sentenced to 15 years in prison in the United States, while South Korea continues to pursue related individuals. From a market perspective, this verdict has undoubtedly become a heavy blow weighing down on these two tokens.
Many people predicted earlier that once the legal final judgment was made, the market reaction would be extremely fierce. It now appears that this pessimistic expectation is turning into reality. At the moment the verdict was announced, it almost signaled that these two projects had reached their end. Many investors believe that even if someone wants to rescue the situation, it is now beyond salvation.
From a technical standpoint, the trends of LUNA2 and USTC are pointing in one direction—continued decline. Market confidence has been completely destroyed; the founders are in prison, the core team is dispersed, and the credit system has collapsed—these factors combined make it very difficult to see anything that could reverse the downward trend. Many industry insiders believe that these two tokens may ultimately fall all the way to zero.