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luna

avoid.net/luna→5/100·95% conf.
[VERIFIED]
anchored·5Xtnrp…9sPX

Summary

Terra was a blockchain protocol created in 2018 that collapsed in May 2022, wiping out almost $45 billion in market capitalization within one week. The project was founded by Do Kwon, who was charged with securities fraud by the SEC in February 2023, found liable for defrauding investors in April 2024, and sentenced to 15 years in prison in December 2025. At its peak, Terra was the third largest cryptocurrency ecosystem after Bitcoin and Ethereum before collapsing in three days in May 2022.

Connected Entities

18 entities · 60 linked investigations
Individuals
○Paul Engelmayer○Do Kwon○Han Chang-joon○Filip Adžić
Organizations
□Terraform Labs0□Jump Trading□Ethereum64□Anchor Protocol□Tai Mo Shan Limited□Jump Trading□Terra/Luna□luna□Jump Crypto□Luna Foundation Guard□Do Kwon□Terraform Labs
Protocols
⌂Anchor Protocol
Tokens
♦Bitcoin
Relationships
  • Do Kwon→member of→luna(95%)
  • Han Chang-joon→member of→luna(85%)
  • Paul Engelmayer→member of→luna(85%)
  • Filip Adžić→member of→luna(80%)
  • Terraform Labs→controls→Luna Foundation Guard(90%)
  • Terraform Labs→associated with→luna(95%)
  • Luna Foundation Guard→subsidiary of→luna(90%)
  • Anchor Protocol→subsidiary of→luna(85%)
  • Do Kwon→controls→Terraform Labs(95%)
  • Jump Trading→associated with→luna(80%)
  • + 39 more
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Timeline(16 events)

2018

Terra Network launched by Do Kwon and Daniel Shin

CryptoNews Navigator

2019

LUNA cryptocurrency launched via Initial Coin Offering (ICO)

CryptoNews Navigator

2020

TerraUSD (UST) stablecoin launched

Wikipedia - Do Kwon

5 April 2022

LUNA reaches all-time high of $119.18, market cap ~$40 billion

Medium - Terra Luna Collapse Analysis

May 2022

Anchor Protocol interest rate reduction proposal begins implementation

Harvard Law School

9 May 2022

UST begins to lose its $1 peg, triggering ecosystem collapse

Wikipedia - Terra (blockchain)

13 May 2022

Terraform Labs temporarily halts the Terra blockchain

Wikipedia - Terra (blockchain)

16 May 2022

LFG reveals depletion of Bitcoin reserves from 80,000 BTC to 313 BTC

CoinDesk

June 2022

SEC begins investigation of Terraform Labs

Wikipedia - Do Kwon

14 September 2022

South Korean court issues arrest warrant for Do Kwon

Wikipedia - Do Kwon

16 February 2023

SEC charges Terraform Labs and Do Kwon with fraud

SEC Press Release

23 March 2023

Do Kwon arrested in Montenegro with false documents

CNN

21 January 2024

Terraform Labs files for Chapter 11 bankruptcy

SEC Press Release

5 April 2024

Jury finds Terraform Labs and Do Kwon liable for securities fraud

SEC Press Release

12 August 2025

Do Kwon pleads guilty to fraud charges in Manhattan federal court

Chiang Rai Times

11 December 2025

Do Kwon sentenced to 15 years in prison

Bloomberg
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (3 events). 9 of 10 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-20250514

generated: 4/24/2026, 6:42:03 PM

last updated: 7/24/2026, 5:01:56 PM

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