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2022 has been the year of the crypto winter

The price of the Luna Classic (LUNC) has risen from $0.0001638 to $0.0001675 within a week. Well, prices have increased for almost all the tokens; however, LUNC's price has fallen by 30% since the cryptocurrency exchange FTX went bankrupt more than a month ago.

LUNA appears to be doing much better when compared to other cryptocurrencies. The New York-based consultancy firm JS Held conducted a third-party audit the previous month.

Terra Luna Classic price prediction is bearish, as the LUNC/USD pair faces major resistance at $0.000147, a level extended by 61.8% Fibonacci retracement level. 

The collapse of cryptocurrency exchange FTX (CRYPTO: FTT) has not been the biggest concern for investors this year. Recall the de-pegging of Terra's (CRYPTO: USTC) token and the collapse a few weeks later of Celsius and Three Arrows Capital (3AC) — investors suffered much bigger losses in those two scenarios.

The collapse of the crypto exchange FTX wasn't the most impactful event for crypto investors this year — at least from a market-wide perspective. The post Crypto markets hit harder by Terra, Celsius and 3AC than FTX: Chainalysis appeared first on The Block.

Crypto has survived far worse things this year than FTX implosion, Chainalysis has found

Very curious comparison between SHIB and ALGO, seemingly inexplicable

South Korean authorities reportedly believe that Terra (LUNA) founder Do Kwon is trying to evade global law enforcement by relocating to Serbia.

It is clear from the investigation that there were no significant shorts in the days leading up to the debacle

The hunt for Terra founder Do Kwon has been ongoing for months now since the network collapsed. South Korean authorities continue their search and have already gone as far as invalidating Kwon's passport but he continues to be elusive.

SCV says it will make sure Terra's ecosystem maintains a \"bare minimum\" of security.

South Korean investigators obtained intelligence indicating that Terra Labs co-founder Do Kwon is hiding in Serbia.

Founder and former CEO of Terraform Labs, Do Kwon, has reportedly left his earlier hideout in Singapore and has now moved to Serbia. According to reports, South Korean authorities have requested assistance from Serbian authorities in this case.

In tandem with the downside being seen across cryptocurrency markets on the first trading day of the week, LUNC, the token that powers the original Terra blockchain, was last changing hands around 2.6% lower on the day. LUNC/USD was last changing hands around $0.0001650. That means that, while the cryptocurrency is still up 10% versus its November lows under $0.00015, it has now receded around 13% from its recent highs near $0.00019.

Terraform Labs co-founder and CEO Do Kwon, wanted internationally in relation to the collapse of the Terra ecosystem, has traveled from Dubai to Serbia, where he is currently hiding. Terraform Labs was the company behind the creation of the stablecoin terraUSD (CRYPTO: USTC), which was de-pegged from the dollar in May.

According to a local news source, Do Kwon, the founder of Terraform Labs,  currently resides in Serbia. According to a Korean enforcement official: “We recently discovered that the intelligence we had about CEO Kwon's whereabouts in Serbia was accurate.

Embattled crypto entrepreneur Do Kwon is now believed to be based in Serbia, having already hopped from South Korea to Singapore and Dubai

South Korean police have asked the Serbian government for assistance in bringing Kwon back to face prosecution in South Korea. The international quest for Terraform Labs' controversial creator and CEO Do Kwon continues, with South Korean officials reportedly assuming he is in Serbia after departing Singapore in September.

Do Kwon hiding in Serbia, alleged South Korean authorities He remained active on Twitter and shared his thoughts regarding the crypto ecosystem As per a local media report on 12 December, South Korean authorities have tracked down Terraform Labs co-founder Do Kwon. Allegedly, Kwon moved to Siberia after leaving Singapore in September.

South Korean prosecutors have claimed Do Kwon is “in hiding” in Serbia – and have asked the European nation's police force to hand him over to them. Meanwhile, it has been a rocky past few hours for Terra Luna Classic (LUNC) – the token launched by Kwon and his firm Terraform Labs.

The Terraform Labs co-founder is wanted in South Korea, backed by Interpol.

Do Kwon has supposedly moved from Dubai to Serbia last month.

Chosun Media reported on December 11 that South Korean police investigated a tip-off regarding Do Kwon's whereabouts and confirmed that he is now in Serbia.