The creator of TerraUSD (UST) and Luna has been handed a 15-year prison sentence for fraud charges. His misleading tactics left countless investors underwater and sparked one of the most significant market crises in crypto history. The collapse of the Terra ecosystem sent shockwaves through the entire market, wiping out billions in value and serving as a stark reminder of the risks tied to centralized control and unverified promises in crypto projects. This case continues to influence how regulators and the community view project transparency and accountability.
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GateUser-e19e9c10
· 12-12 12:18
15 years, this guy really gave the crypto world a lesson...
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SchrodingerWallet
· 12-12 12:18
15 years, huh? This time, I really messed up.
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GateUser-7b078580
· 12-12 12:13
Data shows that 15 years is still too gentle. When calculating this loss on an hourly basis, miners are losing too much while also dealing with scammers like this, and it will eventually collapse.
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MEVVictimAlliance
· 12-12 12:02
15 years is still too young. How many retail investors did this guy screw over?
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BlockchainBrokenPromise
· 12-12 11:50
15 years, this guy really screwed up the crypto world.
The creator of TerraUSD (UST) and Luna has been handed a 15-year prison sentence for fraud charges. His misleading tactics left countless investors underwater and sparked one of the most significant market crises in crypto history. The collapse of the Terra ecosystem sent shockwaves through the entire market, wiping out billions in value and serving as a stark reminder of the risks tied to centralized control and unverified promises in crypto projects. This case continues to influence how regulators and the community view project transparency and accountability.