According to @MikeBacina, Do Kwon admitted that Terra/Luna was not self-healing (source: LinkedIn post referenced in @MikeBacina’s tweet dated Aug 16, 2025). This admission confirms the absence of an automatic stabilization mechanism, a material factor for evaluating protocol risk and headline sensitivity in LUNA and LUNC exposure (source: LinkedIn post referenced in @MikeBacina’s tweet dated Aug 16, 2025). The post provides no price or on-chain metrics, so any trading response should treat this strictly as headline information rather than a quantitative signal (source: LinkedIn post referenced in @MikeBacina’s tweet dated Aug 16, 2025).

According to @rovercrc, Do Kwon will plead guilty to two counts of conspiracy to defraud and wire fraud tied to the $40 billion Terra ecosystem collapse. Source: @rovercrc on X (Aug 12, 2025): https://twitter.com/rovercrc/status/1955279050093523024 This is a material legal update around Terra that is directly connected to Terra-linked assets (LUNA, LUNC, USTC), highlighted as breaking by the source. Source: @rovercrc on X (Aug 12, 2025): https://twitter.com/rovercrc/status/1955279050093523024