誇恩的潛在認罪：Terrausd加密式傳奇中的新篇章

Terraform Labs的聯合創始人Do Kwon可能會在美國對Terrausd崩潰的認罪。這對露娜和加密的未來意味著什麼？

The crypto world is buzzing again about Do Kwon, the Terraform Labs co-founder at the heart of the dramatic TerraUSD (UST) stablecoin collapse. It looks like he might be changing his tune and considering a guilty plea in the U.S. criminal case linked to the $40 billion wipeout of UST back in 2022. Hold onto your hats, folks, because this could get interesting.

加密貨幣世界再次嗡嗡作響，關於Do Kwon，Terraform Labs的聯合創始人是戲劇性Terrausd（UST）Stablecoin崩潰的核心。看來他可能正在改變自己的曲調，並考慮在美國刑事案件中有罪的認罪，該案件與2022年的400億美元消失有關。

A Possible Plea Deal on the Horizon?

可能的認罪交易即將到來？

Word on the street (or, rather, in court filings) is that Judge Paul A. Engelmayer in New York has scheduled a hearing for August 12, 2025, to see if Kwon will switch his plea. He previously pleaded not guilty to a laundry list of charges, including conspiracy to defraud, securities and commodities fraud, wire fraud, market manipulation, and money laundering. If he pleads guilty, the judge wants Kwon to spill the beans about exactly what he did. Prosecutors and Kwon's lawyers are reportedly hashing out a plea deal, but the details are still under wraps.

街上的消息（或者是在法庭文件中）是，紐約的保羅·A·恩格瑪耶（Paul A.他此前曾對指控的洗衣清單不認罪，包括欺詐，證券和商品欺詐，電匯欺詐，市場操縱和洗錢。如果他認罪，法官希望權確切地將豆子灑下來。據報導，檢察官和權的律師正在達成認罪協議，但細節仍在結束上。

The Ripple Effect of the TerraUSD Collapse

Terrausd崩潰的連鎖反應

Let's not forget what triggered all this legal drama in the first place. The collapse of UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, sent shockwaves through the crypto market. When its link to the LUNA token broke, billions vanished, and it set off a domino effect that brought down other crypto firms, including FTX. It was a crypto winter unlike any other.

首先，讓我們不要忘記是什麼觸發了所有這些法律戲劇。 UST的崩潰是一種算法的穩定性，本來可以固定在美元的上方，通過加密貨幣市場向衝擊波發出了衝擊波。當它與Luna代幣的鏈接破裂時，數十億美元消失了，並引發了多米諾骨牌效應，使其他加密貨幣公司（包括FTX）降低了。這是一個與眾不同的加密冬季。

What Does This Mean for LUNA?

這對露娜意味著什麼？

Unsurprisingly, news of Kwon's potential guilty plea has already impacted crypto prices. LUNA and LUNC are both down. LUNA is currently trading around $0.1588, a dip of about 4.59%, with a market cap of $112.76 million. Terra Classic (LUNC) is also feeling the heat, priced at $0.00006067, down 3.77%, and holding a market cap of $334.15 million. The market clearly isn't thrilled with the uncertainty.

毫不奇怪，有關權潛在的有罪認罪的消息已經影響了加密貨幣的價格。 Luna和Lunc都在下降。 Luna目前的交易約為0.1588美元，下降約4.59％，市值為1.1276億美元。 Terra Classic（Lunc）也感到熱火，價格為0.00006067美元，下跌3.77％，市值為3.341億美元。市場顯然對不確定性並不感到興奮。

Kwon's Legal Woes Aren't Over Yet

權的法律困境還沒有結束

Even if Kwon pleads guilty in the U.S., he's not necessarily off the hook. Both the U.S. and South Korea want to bring criminal charges against him. He's been in U.S. custody since being extradited from Montenegro, where he was caught trying to travel with fake documents. And Terraform Labs, which filed for bankruptcy in January, maintains its innocence.

即使權在美國認罪，他也不一定要脫穎而出。美國和韓國都希望對他提起刑事指控。自從從黑山（Montenegro）引渡以來，他就一直被美國拘留，在那裡他被捕試圖帶著假文件旅行。一月份申請破產的Terraform Labs堅持其無罪。

The MyConstant Connection

myconstant連接

Adding another layer to this saga, Huynh Tran Quang Duy, also known as Duy Huynh, the creator of the now-defunct lending platform MyConstant, has agreed to pay over $10.5 million to settle SEC claims. He allegedly used investor funds to buy millions worth of TerraUSD before it all went south. The SEC claims Huynh used $11.9 million of customer money to buy UST and then lost nearly $8 million when UST crashed. Ouch.

Huynh Tran Quang Duy在這個傳奇中添加了另一層，也稱為現已滅絕的貸款平台Myconstant的創建者Duy Huynh，已同意支付超過10050萬美元以解決SEC SEC索賠。據稱，他用投資者資金購買了價值數百萬的Terrausd，然後才能向南。 SEC聲稱，Huynh使用了1,190萬美元的客戶資金購買UST，然後在UST崩潰時損失了近800萬美元。哎喲。

A Parallels to SBF?

與SBF的相似之處？

Some analysts are drawing comparisons between Kwon's situation and that of FTX founder Sam Bankman-Fried (SBF), who is currently serving a 25-year prison sentence. A plea bargain could put Kwon on a similar path, especially given the severity of the charges against him. The collapse of LUNA wiped out over $30 billion in market valuation, and the project has struggled to recover.

一些分析師正在對權的情況和FTX創始人Sam Bankman Fried（SBF）進行比較，後者目前正在服刑25年。辯訴交易可能會使權走上類似的道路，尤其是考慮到對他的指控的嚴重性。露娜（Luna）的崩潰消除了超過300億美元的市場估值，該項目一直在努力恢復。

The Memecoin Market Dip

Memecoin市場下跌

It's not just LUNA feeling the pinch. The broader memecoin market is also showing signs of weakness. Platforms like Pump.fun, which were all the rage earlier this year, are seeing a significant drop in revenue and active traders. Total market capitalization for memecoins has dropped, and daily transaction volume has contracted. Are the glory days of memecoins coming to an end?

這不僅是露娜（Luna）感到捏。更廣泛的紀念品市場也顯示出弱點的跡象。今年早些時候風靡一時的Pump.Fun等平台正在收入和積極交易員的大幅下降。 Memecoins的總市值下降了，每日交易量已簽約。模因的輝煌時代即將結束？

Final Thoughts

最後的想法

The Do Kwon saga is far from over, and his potential guilty plea marks a significant turning point. Whether it's a sign of things to come for other crypto figures facing legal scrutiny remains to be seen. One thing is for sure: the crypto world will be watching closely. In the meantime, maybe it's time to diversify your portfolio with something a little less...volatile. Just a thought!

Do Kwon Saga還遠遠沒有結束，他的潛在認罪標誌著一個重要的轉折點。對於其他法律審查的加密貨幣人物來說，這是否表明這是事物的跡象，還有待觀察。可以肯定的是：加密世界將密切關注。同時，也許是時候讓您的投資組合多樣化的東西少一些……揮發性。只是一個想法！