Do Kwon, Terraform Labs co-founder, appears in court to face criminal fraud charges, maintaining his not guilty plea. The pretrial phase has experienced several delays as evidence continues to be reviewed by the prosecution.
Key deadlines are underway, including pretrial motion filings due on July 1, 2025, and the trial set for February 17, 2026. The community is concerned about new allegations that may arise with a recently appointed prosecutor.
LUNC’s price increased by 1.7% recently, with current trading at 0.00005624 USD. Despite this rise, trading volumes have seen a significant drop of 40%, indicating decreased interest from traders.
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