The key figure in the Luna ecosystem, Quan Daoheng, was sentenced to 8 years in the first trial today.
This matter has always attracted a lot of attention in the community, after all, Luna's collapse back then had a huge impact, and many investors are still trapped. Now that the verdict has been announced, it marks the end of this unresolved dispute.
From the market reaction, many analysts believe this is a case of "bad news fully priced in" — the legal uncertainties that people were worried about have been resolved, and the decline has already completed, which might even serve as an opportunity for emotional recovery.
The short-term trends of LUNA, LUNC, and LUNA2 are worth watching. Although the fundamentals haven't changed much, the market sometimes reacts to this kind of "shoe dropping" sentiment. Of course, investment should still be based on the project's substance; don't just chase gains or cut losses based on the news.
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StablecoinEnjoyer
· 4h ago
8 years, finally there's a conclusion this time. The feeling of uncertainty before was too uncomfortable.
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ContractHunter
· 4h ago
Starting from 8 years ago, this guy is really terrible
The matter of Kwon Do-hyung has finally been settled, to be honest I’ve been waiting for this day for a long time, it’s so damn frustrating
For those still holding on in LUNC, maybe their psychological pressure can be eased now
The dust has settled, let’s see how far it can bounce back
When will Luna truly turn around? The problem isn’t in the verdict
They’re starting to hype the news again, a bunch of rookies are about to get caught again
Rely on this to revive the market? Wake up, everyone
What’s really going on with Luna2? Is anyone following up?
I heard some institutions are bottom fishing LUNC, these people are really brave
8 years, the chance of breaking even this time... don’t even say it, it’s exhausting
View OriginalReply0
ColdWalletGuardian
· 4h ago
8 years, and many people are still on the loss list. This matter has finally reached a conclusion.
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Judge Quandao Heng's ruling can't change the fact that I'm trapped; accountability should have been pursued long ago.
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Is the bad news over? I think such good news only works for new little guys who haven't been cut yet.
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I've already deleted the app for that bunch of LUNA coins. If I can't see it, I pretend it doesn't exist, and it's more peaceful.
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To be honest, the shoes have dropped, but my money hasn't. What should I do?
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Another "historic moment." Please don't come again next time; my wallet can't handle it.
View OriginalReply0
AirdropBuffet
· 4h ago
8 years, it's neither轻 nor重, just feels like a project that was left unfinished.
The group of people who got caught in it probably feel nothing now.
Stop messing around, I really can't understand LUNC anymore.
If this wave of bad news can bounce back, that’s already good; don't expect a double.
The Luna story has long been told; now we just wait for the market to gradually digest it.
Those still watching the market are all gambling mentality. I advise everyone to forget it.
View OriginalReply0
GasWaster69
· 4h ago
It's been 8 years. This guy is completely finished. Can the trapped retail investors sleep well now?
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The dust has settled? I think it's just stepping on a landmine. Will LUNC turn around? Dream on.
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I'm not surprised at all about the 8-year sentence for Kwon Do-hyun. Luna's drama was too destructive. Now there's finally some explanation.
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Don't talk about emotional recovery. I won't touch this coin at all. Wait another year and see.
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Is it really "all the bad news has been priced in"? Does this kind of rhetoric work every time? I just want to see if LUNA can return to 1 dollar.
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This is the end. After the verdict was announced, even those wanting to buy the dip became calm. I think this is the bottom.
View OriginalReply0
StableGenius
· 4h ago
8 years seems light given the absolute carnage luna created, but empirically speaking the market's already priced this in anyway
The key figure in the Luna ecosystem, Quan Daoheng, was sentenced to 8 years in the first trial today.
This matter has always attracted a lot of attention in the community, after all, Luna's collapse back then had a huge impact, and many investors are still trapped. Now that the verdict has been announced, it marks the end of this unresolved dispute.
From the market reaction, many analysts believe this is a case of "bad news fully priced in" — the legal uncertainties that people were worried about have been resolved, and the decline has already completed, which might even serve as an opportunity for emotional recovery.
The short-term trends of LUNA, LUNC, and LUNA2 are worth watching. Although the fundamentals haven't changed much, the market sometimes reacts to this kind of "shoe dropping" sentiment. Of course, investment should still be based on the project's substance; don't just chase gains or cut losses based on the news.