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luna

avoid.net/luna5/100·95% 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

11 entities · 2 linked investigations
Individuals
Paul EngelmayerDo KwonHan Chang-joonFilip Adžić
Organizations
Jump TradingAnchor ProtocolTai Mo Shan LimitedlunaJump CryptoLuna Foundation GuardTerraform Labs
Relationships
  • + 21 more

Connected Through

6 shared actors · 2 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

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Timeline(16 events)

2018-01-01

Terra Network launched by Do Kwon and Daniel Shin

CryptoNews Navigator

2019-01-01

LUNA cryptocurrency launched via Initial Coin Offering (ICO)

CryptoNews Navigator

2020-01-01

TerraUSD (UST) stablecoin launched

Wikipedia - Do Kwon

2022-04-05

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

Medium - Terra Luna Collapse Analysis

2022-05-01

Anchor Protocol interest rate reduction proposal begins implementation

Harvard Law School

2022-05-09

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

Wikipedia - Terra (blockchain)

2022-05-13

Terraform Labs temporarily halts the Terra blockchain

Wikipedia - Terra (blockchain)

2022-05-16

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

CoinDesk

2022-06-01

SEC begins investigation of Terraform Labs

Wikipedia - Do Kwon

2022-09-14

South Korean court issues arrest warrant for Do Kwon

Wikipedia - Do Kwon

2023-02-16

SEC charges Terraform Labs and Do Kwon with fraud

SEC Press Release

2023-03-23

Do Kwon arrested in Montenegro with false documents

CNN

2024-01-21

Terraform Labs files for Chapter 11 bankruptcy

SEC Press Release

2024-04-05

Jury finds Terraform Labs and Do Kwon liable for securities fraud

SEC Press Release

2025-08-12

Do Kwon pleads guilty to fraud charges in Manhattan federal court

Chiang Rai Times

2025-12-11

Do Kwon sentenced to 15 years in prison

Bloomberg
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

model: claude-sonnet-4-20250514

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

last updated: 5/30/2026, 1:02:41 PM

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