@cryptodriftero
Tokens tied to Terra and FTX LUNC, LUNA, LUNA2, USTC, FTT have jumped as news around Do Kwon heats up. His trial begins on Dec 11, and U.S. prosecutors are pushing for a 12-year sentence over the $40B collapse.
Some in the community are hoping the case brings real closure, maybe even a lighter outcome given time already served. Meanwhile, FTT sentiment is getting a boost from expectations that FTX creditors could recover up to 120% by late 2025.
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