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We are in the final stages of TFL's departure. They worked through a 2.5 year process step by step and somehow kept #LUNC and #USTC under control.
TFL's departure is nearing its final stages after a 2.5-year journey navigating the realm of #LUNC and #USTC. Their aim was to maintain the prices lower than anticipated, yet they underestimated the surging community interest.
➖ The court process has been paramount, with meticulous preparations paving the way.
➖ Over $30 million has been disbursed to Dentos Law Firm, and the actual amount may surpass this figure.
The entire legal proceeding is being orchestrated by Dentos, a leading law firm in the USA...
Had USTC futures not been activated, the price would have soared effortlessly beyond $0.1. Their swift intervention brought it crashing down to its initial level.
▪️ Throughout the court proceedings, the market prices of USTC and LUNC have played a pivotal role. A substantial portion of USTC is held by the Luna Foundation and TFL, begging the question: is there an underlying motive behind their desire to maintain the price at a specific point?
?️ Key Highlight: A clandestine meeting between TFL and Binance, as disclosed by CZ. What transpired during this encounter? And why was 1 billion USTC, belonging to TFL, burned hastily following the meeting...
We've witnessed these processes unfold, and now, as TFL prepares to depart, we eagerly await the answers to our burning questions. Their most challenging endeavor appears to have been accomplished: exhausting the community.
Numerous investors have sold and continue to sell their LUNC and USTC holdings...
#TerraClassic #Binance $LUNC $USTC
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