{"id":19608,"date":"2023-03-23T18:16:00","date_gmt":"2023-03-23T18:16:00","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/03\/23\/terra-luna-price-tumbled-8-terra-classic-lunc-4-after-do-kwon-arrest\/"},"modified":"2023-03-23T18:16:00","modified_gmt":"2023-03-23T18:16:00","slug":"terra-luna-price-tumbled-8-terra-classic-lunc-4-after-do-kwon-arrest","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/03\/23\/terra-luna-price-tumbled-8-terra-classic-lunc-4-after-do-kwon-arrest\/","title":{"rendered":"Terra (LUNA) Price Tumbled 8%, Terra Classic (LUNC) 4% After Do Kwon Arrest"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/terra-luna-price-tumbled-8-terra-classic-lunc-4-after-do-kwon-arrest\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Terra (LUNA) worth tumbled 8% after studies on Terra co-founder Do Kwon\u2019s arrest reached the Terra group. Surprisingly, Terra Classic (LUNC) worth additionally fell steeply by 4% regardless of Do Kwon and the group separating after the Terra-LUNA disaster.<\/p>\n<p><a href=\"https:\/\/coingape.com\/terra-ceo-do-kwon-arrested-in-montenegro-airport\/\" target=\"_blank\" rel=\"noopener\">CoinGape reported<\/a> that Terra co-founder Do Kwon, who was on the run because the Terra-Luna disaster was lastly arrested on Thursday in Podgorica, Montenegro. According to a\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/filip_adzic\/status\/1638886164118802432\" target=\"_blank\">statement<\/a> by the Interior Minister of Montenegro, Do Kwon was detained on the Podgorica airport, in all probability making an attempt to vary the nation as soon as once more.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>South Korean prosecutors points an arrest warrant in opposition to Do Kwon final 12 months and in addition took Interpol\u2019s assist to arrest him. South Korean prosecutors even <a href=\"https:\/\/coingape.com\/do-kwon-hunt-concluded-south-korean-authorities-reach-serbia\/\" target=\"_blank\" rel=\"noopener\">visited Serbia in February<\/a> within the hope to seek out Do Kwon after it was reported that Do Kwon is perhaps hiding out in Serbia. He has relocated many occasions from Singapore to Montenegro.<\/p>\n<p>In February, U.S. Securities and Exchange Commission (SEC) filed a lawsuit in opposition to Terraform Labs and its co-founder Do Kwon for the $60 billion securities fraud involving LUNA and Terra\u2019s algorithmic stablecoin TerraUSD (UST). Moreover, Do Kwon and his firm <a href=\"https:\/\/coingape.com\/breaking-terra-founder-do-kwon-cash-in-10000-bitcoin-via-swiss-bank\/\" target=\"_blank\" rel=\"noopener\">secretly processed over 10,000 BTC<\/a> out of the corporate and transformed some tokens into money through a Swiss financial institution.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<h2>Do Kwon Still Has Influence on Terra LUNA Classic<\/h2>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Terra (LUNA) and Terra Classic (LUNC) costs witnessed a sudden fall after the Securities and Exchange Commission (SEC) <a href=\"https:\/\/coingape.com\/sec-slaps-lawsuit-on-terra-luna-creator-do-kwon\/\" target=\"_blank\" rel=\"noopener\">filed a lawsuit against Do Kwon<\/a>, Terraform Labs, and associates. It signifies that Do Kwon nonetheless has affect over LUNA, in addition to LUNC.<\/p>\n<p>Terra (LUNA) worth fell to $1.27, down 8% within the final 24 hours. The 24-hour high and low are $1.275 and $1.432, respectively. Meanwhile, Terra Classic (LUNC) plunges 4% within the final 24 hours, with the worth at present buying and selling at $0.000123. The 24-hour high and low for <a href=\"https:\/\/coingape.com\/price\/terra-luna-classic\" target=\"_blank\" rel=\"noopener\">LUNC price<\/a> are $0.0001212 and $0.0001287.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/breaking-sec-chair-gary-gensler-to-appear-before-us-house-committee\" target=\"_blank\" rel=\"noopener\">SEC Chair Gary Gensler To Appear Before US House Committee<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA143210\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is at present protecting all the newest updates and developments within the crypto trade.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD143210\">\n<p>  The introduced content material could embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/terra-luna-price-tumbled-8-terra-classic-lunc-4-after-do-kwon-arrest\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Terra (LUNA) worth tumbled 8% after studies on Terra co-founder Do Kwon\u2019s arrest reached the Terra group. Surprisingly, Terra Classic (LUNC) worth additionally fell steeply by 4% regardless of Do Kwon and the group separating after the Terra-LUNA disaster. CoinGape reported that Terra co-founder Do Kwon, who was on the run because the Terra-Luna [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[3645,1496,1368,27,1688,110,423,2648],"class_list":["post-19608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-arrest","tag-classic","tag-kwon","tag-luna","tag-lunc","tag-price","tag-terra","tag-tumbled","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=19608"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19608\/revisions"}],"predecessor-version":[{"id":19609,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19608\/revisions\/19609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/9416"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=19608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=19608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/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