South Korea's Supreme Court has upheld a lower court ruling that TerraUSD and LUNA tokens aren't considered financial investment products under the Capital Markets Act, as reported by Korean newspaper Etoday ¹. This decision means TerraUSD and LUNA can't be classified as regulated securities, which will impact ongoing legal proceedings against Terraform Labs executives, including co-founder Shin Hyun-Seong. The post Collapsed TerraUSD and LUNA Not Financial Investment Products: South Korea's Supreme Court Rules appeared first on Cryptonews.

The verdict sets a key precedent that could influence future legal classifications of virtual assets in South Korea.

South Korea's Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products.

Terra Classic (LUNC) price has recorded a notable upswing, climbing 20% over the past week. Following a correction, the broader crypto market is showing signs of recovery.

Terra Luna Classic price rose for five consecutive days and crossed an important resistance level as the network nears a crucial 403 billion milestone. Terra Luna Classic (LUNC) token rose to a high of $0.

With the RSI nearing oversold conditions and key resistance levels in sight, is LUNC preparing for a major rebound, or will it continue its downtrend?

It's been a tough week for cryptocurrencies, with most of them dropping sharply after Donald Trump announced new tariffs on Mexico, China, and Canada. However, they started to recover when the tariffs on Mexico and Canada were temporarily halted on Monday. Despite this, the price of LUNC didn't bounce back as expected, even though 1.

It has been a difficult week for cryptocurrencies as most of them crashed following Donald Trump's decision to impose tariffs on Mexico, China, and Canada. Most of them rebounded after the Mexico and Canada ones were paused on Monday. Bitcoin remains below $100,000, while the market valuation of these coins fell to $3.2 trillion.

Terra Luna Classic (LUNC) price has surged 10% following a broader market recovery. This rally comes after a massive 1.6 trillion LUNC burn in a week.

The crypto market just witnessed one of its worst crashes ever, with over $2.24 billion wiped out in liquidations within a single day, even surpassing LUNA and FTX collapses. Bitcoin plunged to $94,000, dragging the entire market into chaos, and leaving leveraged traders in ruins.

Crypto traders betting on higher prices just got wrecked. Over $2.2B in liquidations hit the market as Bitcoin fell to $91K and Ethereum crashed 20% in 24 hours.

The world's largest crypto exchange Binance burns more than 700 million Terra Luna Classic tokens in the 30th batch of its LUNC Burn Mechanism. With this, the total LUNC tokens burned by the community has reached over 400 billion milestone.

The Terra Luna community has taken a decisive step to strengthen its ecosystem. In a recent governance vote, members overwhelmingly approved a proposal to burn unbacked Axelar assets.

Terra Luna Classic price has continued its steep downward trend despite the network achieving a key burn milestone. Terra Luna Classic (LUNC) dropped to a low of $0.

LUNC News: In a dynamic turn of events, Terra Luna Classic (LUNC) price extended its weekly loss to over 10% on Tuesday, sparking concerns among investors globally. This bearish movement comes against the backdrop of a stockpile of statistics, including wallets being drained and funds being shifted to exchanges, alongside broader market trends.

Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain's liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million.

Once again, rounds of insolvencies have entered the crypto space, with Thorchain being the most recent. The network has paused THORFI services, probably due to its financial uncertainty, which has circulated shock waves across the markets. The functions like swaps remain active while the lending operations are on hold.

The top cryptocurrencies to watch this week will be Terra Luna Classic (LUNC), Avalanche (AVAX), Fartcoin, Official Trump, and Solana

Terra Luna Classic price retreated on Saturday, joining other crypto projects as focus remained on the Official Trump meme coin whose market cap surged to over $6 billion. The LUNC token dropped to a low of $0.0000096, down by almost 50% from its highest level in December last year.

The Terra Luna Classic ecosystem may soon count Cardano as one of its partners, judging by the leading post from Charles Hoskinson on X. The Cardano founder said he is open to discussing how both protocols can collaborate.

Virtuals Protocol token bounced back on Tuesday, Jan. 14, a day after forming a doji candlestick pattern as its ecosystem tokens rebounded. Virtuals Protocol (VIRTUAL) rose to $2.

Disgraced Terraform Labs co-founder Do Kwon will reportedly face trial in the US early next year. Bloomberg reports that New York District Judge Paul Engelmayer on Wednesday set the schedule of the trial, which will begin on January 26th, 2026 and is anticipated to last from one to two months.

Digital assets remained downbeat on Monday as Bitcoin hovered beneath the $95,000 mark. With analysts forecasting robust bounce-backs ahead of Donald Trump's inauguration, Terra Luna Classic is on investors' radar. Here's why. LUNC: strategic token burns The LUNC community launched token burn initiatives to resurrect ecosystem tokens (after Terraform Labs' debacle).

Today's edition of the weekly recap includes top headlines of Do Kwon, Razzlekhan's new music video, Bitcoin's price slump, Bhutan's crypto reserve, and other trending news items.

LUNC News: Terra Luna Classic community's recovery efforts hit roadblocks as the broader crypto market took a downturn, with traders reconsidering market activity ahead of Donald Trump's inauguration on January 20. Here are key developments making buzz in the Terra Luna Classic community.

Terra founder Do Kwon's criminal trial has been set. Here's what you need to know about the $40 billion collapse of TerraUSD and LUNA.

Terra Luna Classic price remained under pressure this week, in line with the performance of Bitcoin and other altcoins. Terra Luna Classic (LUNC) dropped to the key support level of $0.00010, its lowest point since Dec. 20 last year.

Former Terraform Labs co-founder Do Kwon's criminal trial for alleged fraud has been scheduled for January 2026 due to the need to process six terabytes of evidence and unlock multiple encrypted devices containing potential evidence in multiple languages.

US prosecutors have laid out their plans for discovery in the ongoing criminal case against Terraform Labs co-founder Do Kwon.

Do Kwon trial, related to the $40 billion TerraUSD collapse, is scheduled for January 26, 2026, in New York, with a trial duration of 4-8 weeks.

Do Kwon the former CEO of Terraform Labs, will face trial in the United States, but not until 2026 as decided in a Manhattan Court.

Do Kwon, founder of Terraform Labs, is officially heading to trial in January 2026. The charges?

Kwon's defense attorney's asked for a least a year to prepare for the case, given Kwon's additional legal issues outside the U.S.

U.S. prosecutors are set to review Do Kwon's emails, social media, and devices in preparation for his 2026 trial. Legal documents reveal covert recordings and extensive evidence linked to Terraform Labs' collapsed ecosystem, marking another chapter in the fallout from TerraUSD and LUNA. The post U.S. Prosecutors to Pour Over “Multiple Terabytes” of Do Kwon's Communications as Trial Date Set appeared first on Cryptonews.

The criminal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, is tentatively set for January 2026 in the United States.

Terraform Labs founder Do Kwon's criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.

The U.S. criminal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, has been scheduled to begin in January 2026. The decision was announced during an initial hearing in Manhattan, as prosecutors and defense attorneys prepare to review an extensive six-terabyte trove of evidence.

Do Kwon's trial on TerraUSD collapse charges is set for Jan 2026 in NYC. Prosecutors grapple with vast evidence and translation challenges.

Do Kwon's alleged schemes could have impacted more than 1 million victims worldwide, according to US prosecutors. US authorities extradited Kwon, the disgraced co-founder of the Terra (LUNA) ecosystem, late last month. Kwon faces fraud charges related to the multibillion-dollar downfall of Terra in 2022.

New court documents reveal that authorities plan to search through disgraced Terra (LUNA) founder Do Kwon's personal emails, social media accounts, financial records, and more. According to a new court memo, investigators say they will sift through massive amounts of Kwon's personal data to gather evidence against him.

Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27.

In a latest development, The trial for Do Kwon is set for 2026 as lawyers navigate a massive trove of evidence. Do Kwon's criminal fraud trial in the U.S. is tentatively set for next January, giving both prosecutors and his defense team enough time to review the large six-terabyte data expected during the discovery process.

Prosecutors are currently working to unlock four of Kwon's cell phones provided by Montenegrin authorities.

As part of discovery proceedings, prosecutors said they would search the Terraform Labs co-founder's emails and Twitter account.

Court documents allege that Do Kwon's crypto ecosystem Terra may have affected over a million victims when UST and LUNA collapsed in 2022.

Do Kwon faces U.S. criminal charges as prosecutors allege his Terra ecosystem misled investors, causing over $40 billion in losses.

Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon's trial in a New York court, prosecutors provided a detailed account of the far-reaching consequences of his alleged financial misconduct.

U.S. prosecutors estimate that Do Kwon, co-founder of Terraform Labs, may have defrauded over one million victims globally, prompting the government to seek a public notice procedure to inform them of their rights under the Justice for All Act. The post U.S. Government Seeks Public Notice Procedure for Over 1M Victims in Do Kwon Fraud Case appeared first on Cryptonews.