LUNA Jumps as Sentencing Nears

[madmax]

Ahead of Kwon’s sentencing next week, LUNA surged over 40% in 24 hours, jumping from $0.07 to $0.10 — still far from its all-time high above $19 before Terra’s 2022 collapse. Kwon was extradited from Montenegro to the U.S. after months of evading authorities. He faces charges including securities fraud, market manipulation, and money laundering.

[Nahid Hossen]

Market reacting before the verdict—classic speculative move.