← Terra 2.0reviewed 2026-10-16 · 18 claims checked
Fact-check findings
What an automated fact-checker found when it re-read Terra 2.0 against the sources the page cites. Only the most recent review is shown.
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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
disputed
5 claimsThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #1[disputed][awaiting moderator]in section: Criminal Arrest, Extradition, and Sentencing
“On December 12, 2025, U.S. District Judge Paul Engelmayer sentenced Kwon to 15 years in federal prison — three years more than prosecutors requested and ten years more than the defense sought.”
reviewerDo Kwon was sentenced to 15 years in federal prison on December 12, 2025.Contemporaneous reporting from multiple independent outlets places the sentencing on December 11, 2025. The prosecutors-requested (12 years) and defense-requested (5 years) figures implied by the 'three more / ten more' language are correct and independently confirmed.Proposed correction (not yet applied)On December 11, 2025, U.S. District Judge Paul Engelmayer sentenced Kwon to 15 years in federal prison — three years more than prosecutors requested and ten years more than the defense sought. - #2[disputed][awaiting moderator]in the timeline
“2025-12-12”
reviewerDo Kwon was sentenced to 15 years in federal prison on December 12, 2025 (timeline entry).Same underlying date error as the sentencing claim in the Criminal Arrest, Extradition, and Sentencing section; the timeline date field should read 2025-12-11.Proposed correction (not yet applied)2025-12-11 - #3[disputed][awaiting moderator]in section: Terra 2.0 Relaunch
“A token distribution airdrop was structured as follows: 35% of new LUNA tokens went to pre-collapse holders and remaining LUNA Classic (LUNC) holders; specifically, 10% to pre-attack LUNA holders and 25% to remaining post-attack LUNC and UST holders, with 30% reserved for a community pool and 10% allocated to developers.”
reviewerThe Terra 2.0 airdrop allocated 10% of new LUNA to pre-attack LUNA holders and 25% to remaining post-attack LUNC/UST holders, with 30% to a community pool and 10% to developers.The page's own cited source gives a materially different breakdown than what the page states; pre-attack holders received 35% (not 10%), and there is no separate 10% developer allocation distinct from the community pool.Proposed correction (not yet applied)A token distribution airdrop was structured as follows: 35% of new LUNA tokens went to pre-attack LUNA holders, 10% to pre-attack UST holders, 10% to post-attack LUNA holders, and 15% to post-attack UST holders, with 30% reserved for a community pool. - #4[disputed][awaiting moderator]in the summary
“leaving Terra 2.0 as a severely diminished chain with minimal developer activity and an approximately 79% year-over-year decline in token value.”
reviewerTerra 2.0 (LUNA) is down approximately 79% year-over-year.The summary's 79% figure is unsupported by the page's own cited source and contradicts the 71.58% figure given later in the Current Status and Market Performance section, which the source does support.Proposed correction (not yet applied)leaving Terra 2.0 as a severely diminished chain with minimal developer activity and an approximately 71.58% year-over-year decline in token value. - #8[disputed][awaiting moderator]in section: Background: Original Terra and the 2022 Collapse
“The Luna Foundation Guard (LFG) deployed approximately $480 million in Bitcoin reserves in an attempt to restore the UST peg, but the intervention failed.”
reviewerThe Luna Foundation Guard deployed approximately $480 million in Bitcoin reserves in an attempt to restore the UST peg.No source found supports a $480 million figure; the commonly reported deployment figure specific to the peg-defense intervention is approximately $750 million (part of a broader $1.5 billion plan, against total reserves of roughly $2.4 billion).Proposed correction (not yet applied)The Luna Foundation Guard (LFG) deployed approximately $750 million in Bitcoin reserves in an attempt to restore the UST peg, but the intervention failed.
unverifiable
4 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #5[unverifiable][awaiting moderator]in section: Current Status and Market Performance
“According to available analytics, approximately 78% of LUNA 2.0 investors are in a loss position.”
reviewerApproximately 78% of LUNA 2.0 investors are in a loss position.Neither cited source contains this statistic, and no independent corroborating source could be found. Not contradicted, just unsupported — treated as unverifiable rather than disputed. - #6[unverifiable][awaiting moderator]in section: Current Status and Market Performance
“In 2026, the Terra community introduced an 'Independence Era' governance roadmap incorporating Cosmos SDK v0.53 and Market Module 2.0, aimed at transitioning to fully community-led governance.”
reviewerIn 2026 the Terra community introduced an 'Independence Era' governance roadmap incorporating Cosmos SDK v0.53 and Market Module 2.0.Could not find this named roadmap, SDK version, or module name in the cited sources or in a broader web search of Terra governance/forum material. Flagged as unverifiable rather than confirmed invention, since absence of evidence is not evidence of absence, but this is a specific, checkable claim that could not be substantiated anywhere. - #7[unverifiable][awaiting moderator]in section: Terraform Labs Bankruptcy and Wind-Down
“As of the date of this investigation, the SEC has set an August 20, 2026 deadline for submission of a final distribution plan to distribute over $123 million in disgorgement and fines to eligible investors.”
reviewerThe SEC has set an August 20, 2026 deadline for submission of a final distribution plan to distribute over $123 million in disgorgement and fines to eligible investors.The specific deadline and dollar figure are not present on the page's own cited SEC source, and no other source could confirm them. Could not verify this is simply stale/superseded content rather than fabricated, so treated as unverifiable. - #18[unverifiable][awaiting moderator]in section: SEC Fraud Charges and Civil Verdict
“After a nine-day civil trial in April 2024, a jury unanimously found Terraform Labs and Do Kwon liable for securities fraud after less than two hours of deliberation.”
reviewerA nine-day civil trial in April 2024 ended with a jury unanimously finding Terraform Labs and Do Kwon liable for securities fraud after less than two hours of deliberation.The liability verdict itself is well-confirmed; the specific 'nine-day trial' and 'less than two hours' deliberation details could not be independently confirmed or refuted in available reporting (trial reportedly began March 25, 2024, verdict April 5, 2024).
partially supported
2 claimsThe cited evidence supports part of the claim but not all of it.
- #9[partially supported][awaiting moderator]in section: SEC Fraud Charges and Civil Verdict
“On June 12, 2024, the court ordered Terraform Labs and Kwon to pay more than $4.5 billion, comprising $3,586,875,883 in disgorgement, $466,952,423 in prejudgment interest, and a $420,000,000 civil penalty.”
reviewerThe court ordered Terraform Labs and Kwon to pay more than $4.5 billion, comprising $3,586,875,883 in disgorgement, $466,952,423 in prejudgment interest, and a $420,000,000 civil penalty.The specific dollar figures are accurate and well-sourced but are mislabeled as the combined liability of both defendants when they represent Terraform Labs' individual liability only; this also creates friction with the bankruptcy section's separate '$4.7 billion' figure, which better approximates the true combined total. - #17[partially supported][awaiting moderator]in section: Background: Original Terra and the 2022 Collapse
“with an all-time high price of $119.51”
reviewerOriginal LUNA reached an all-time high price of $119.51.The figure is close to but not exactly matching the most commonly cited ATH ($119.18); the discrepancy is small and likely reflects a different exchange/aggregator snapshot, so this is a minor, low-priority mismatch rather than a material error.
confirmed
7 claimsThe cited evidence supports the claim as written.
- #10[confirmed][no action needed]in section: Terraform Labs Bankruptcy and Wind-Down
“In June 2024, concurrent with the civil SEC judgment, Terraform agreed to a $4.7 billion settlement in the SDNY civil case.”
reviewerTerraform agreed to a $4.7 billion settlement in the SDNY civil case (concurrent bankruptcy-section reference).This figure is reasonably accurate as a rounded combined total, though it sits oddly next to the page's other, Terraform-only $4.5 billion figure in the SEC Fraud Charges section. - #11[confirmed][no action needed]in section: Criminal Arrest, Extradition, and Sentencing
“He was sentenced in Montenegro to four months in prison for passport forgery.”
reviewerDo Kwon was sentenced in Montenegro to four months in prison for passport forgery.Independently corroborated by multiple outlets (Fortune, Decrypt, Forkast, FinanceFeeds). - #12[confirmed][no action needed]in section: Criminal Arrest, Extradition, and Sentencing
“Montenegro's Minister of Justice signed an extradition order to the United States on December 27, 2024.”
reviewerMontenegro's Minister of Justice signed an extradition order to the United States on December 27, 2024.Date and mechanism independently corroborated. - #13[confirmed][no action needed]in section: SEC Fraud Charges and Civil Verdict
“On February 16, 2023, the U.S. Securities and Exchange Commission filed a complaint against Terraform Labs PTE Ltd. and Do Hyeong Kwon in the Southern District of New York (No. 23-cv-1346-JSR), alleging a multi-billion dollar crypto asset securities fraud.”
reviewerSEC filed a civil fraud complaint against Terraform Labs and Do Kwon in SDNY on February 16, 2023, No. 23-cv-1346-JSR, alleging securities fraud involving LUNA, UST, wLUNA, and MIR.Well-documented and consistent across SEC and press reporting. - #14[confirmed][no action needed]in section: Terraform Labs Bankruptcy and Wind-Down
“On January 21, 2024, Terraform Labs PTE Ltd. filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware (Case No. 24-10070), listing estimated assets and liabilities each in the $100 million to $500 million range with between 100 and 199 creditors.”
reviewerTerraform Labs filed for Chapter 11 bankruptcy on January 21, 2024 in Delaware (Case No. 24-10070), listing assets/liabilities each in the $100M-$500M range with 100-199 creditors.Consistent with contemporaneous reporting. - #15[confirmed][no action needed]in section: Terraform Labs Bankruptcy and Wind-Down
“Estimated creditor distributions ranged from approximately $184.5 million to $442.2 million.”
reviewerEstimated creditor distributions from the wind-down ranged from approximately $184.5 million to $442.2 million.Figures match the cited source directly. - #16[confirmed][no action needed]in section: Current Status and Market Performance
“As of late 2025, Terra 2.0 (LUNA) trades at approximately $0.09 per token with a market capitalization of approximately $61.79 million — down approximately 71.58% year-over-year and representing a decline of more than 99% from the original LUNA's all-time high of $119.51.”
reviewerAs of late 2025, Terra 2.0 (LUNA) trades at approximately $0.09 with a market cap of approximately $61.79 million, down approximately 71.58% year-over-year.This sentence is accurately sourced and is the figure that should also appear in the summary (see the separate 79% finding).
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.