Terra Classic, narxiLunc

Terraform Labs’ court-appointed liquidator, Todd Snyder, has filed a $4 billion lawsuit against Jump Trading, its co-founder William DiSomma, and former president Kanav Kariya. The suit, filed in an Illinois district court, alleges the high-frequency trading firm secretly manipulated the TerraUSD (UST) stablecoin for massive profits before its $40 billion collapse in May 2022. --> The core of the complaint alleges Jump entered a clandestine agreement to artificially support UST’s price, misleading investors about its stability. The lawsuit claims that when UST first lost its peg in May 2021, Jump Trading covertly bought large amounts of the token to restore its price. This action, the filing argues, was falsely portrayed by Terraform Labs as a natural recovery by its algorithm. “This action is a necessary step to hold Jump Trading accountable for illegal conduct that directly caused the largest crypto collapse in history,” Snyder stated, according to reports. The Office of the Terraform Labs Plan Administrator has filed a $4B lawsuit against Jump Trading over its direct role in the collapse of Terraform Labs, seeking to hold Jump to account for enriching itself through illicit market manipulation, self-dealing, and misuse of assets.… — Terra 🌍 Powered by LUNA 🌕 (@terra_money) December 19, 2025 In exchange for the intervention, Terraform Labs allegedly modified a prior agreement, allowing Jump to purchase LUNA LUNA $0.11 24h volatility: 2.3% Market cap: $75.76 M Vol. 24h: $76.32 M tokens at a staggering 99% discount. The suit claims Jump acquired LUNA for as low as $0.40 when the market price was over $90, later selling the tokens for a reported profit of $1.28 billion. A Pattern of Deception This legal action follows previous findings by the U.S. Securities and Exchange Commission (SEC). In December 2024, the SEC charged Jump’s subsidiary, Tai Mo Shan Ltd., with misleading investors about UST’s stability. Jump settled that case for $123 million without admitting or denying the findings. The SEC’s investigation highlighted the same May 2021 de-peg event, concluding that Jump’s intervention was incentivized by the discounted LUNA deal. A spokesperson for Jump called the new lawsuit a “desperate attempt” to shift blame from Terraform Labs and its founder, Do Kwon, and stated the firm would defend itself vigorously. The original Terra (LUNA) token has since been rebranded to Terra Classic LUNC $0.000040 24h volatility: 4.9% Market cap: $219.67 M Vol. 24h: $59.12 M , while a new token, Terra (LUNA), trades at approximately $0.11, down nearly 2% over the past 24 hours. Terraform Labs co-founder Do Kwon was recently sentenced to 15 years in a U.S. federal prison by Judge Paul A. Engelmayer for his role in the $40 billion Terra/Luna collapse. Market Implications and Ongoing Legal Risks While the lawsuit targets Jump, its implications extend to the entire market-making sector in crypto. The case scrutinizes the thin line between providing liquidity and active market manipulation. For institutional traders, this lawsuit is a critical test of legal liability for firms that may have profited from undisclosed, preferential deals that masked fundamental protocol flaws. The outcome could set a precedent for how much responsibility market makers bear when a project they support collapses, potentially forcing greater transparency in their agreements with token issuers. Do Kwon may still face a separate trial in South Korea, where he could receive up to 30 years in prison if extradited and found guilty. next Hamza is an experienced crypto editor/writer with a deep understanding of blockchain technology, cryptocurrency markets, and digital finance. He is passionate about making complex topics accessible and helping readers navigate the fast-evolving world of crypto. Hamza Tariq on LinkedIn Share:

$LUNC 🚀 $LUNC is on fire! 🔥 The price is climbing and the charts are looking insane! 💬 Question for you all: If $LUNC keeps this momentum, where do you see it hitting by the end of this month? 📈 Comment your target below! 👇

$LUNA $LUNC (Terra Classic) — Short-Term Outlook (Next 2–4 Months) 📉🧠 Terra Classic remains a speculative asset with limited near-term catalysts. While community efforts continue, short-term price action is likely to be driven by liquidity, volume, and broader market sentiment rather than fundamentals. 🔎 Short-Term Pressure Points Burn impact remains marginal relative to total supply 🔥➡️📦 Low organic demand outside speculative trading Volume spikes are sell-driven, not accumulation-led Altcoin liquidity rotation favors higher-utility networks 🌐 📊 Probable Scenarios (2–4 Months) Base case: Range-bound with downside bias Bear case: Gradual retracement toward prior demand zones Bull case (low probability): Short-lived spikes followed by distribution 💰 Expected Price Behavior Rather than sustained upside, price is more likely to: Face repeated rejections at resistance Show lower highs on rallies Experience sell pressure on volume increases ⚠️ Risk Consideration Without a clear catalyst (utility expansion, major ecosystem adoption, or accelerated burn efficiency), upside moves may present exit liquidity rather than trend reversals. 🧠 Bottom Line In the next few months, $LUNC appears better suited for risk management and capital preservation rather than aggressive accumulation. Short-term rallies may offer decision points, not confirmations. 📌 Always assess position size, liquidity conditions, and invalidation levels.

🔥 SMALL MONEY, BIG MEME DREAMS 🚀 Putting $600 into meme coins today could surprise you in the long run. PEPE, SHIB, and LUNC show how high risk can bring high reward if hype returns. Not guaranteed — but memes move fast when the market turns bullish.