天才法案，do kwon和terrausd：一个加密传奇

《天才法案》（Genius Act）涉及夸恩（Kwon）关于Terrausd崩溃的审判，可能会重塑稳定法规并影响更广泛的加密纪录。

GENIUS Act, Do Kwon, and TerraUSD: A Crypto Saga Unfolds

天才法案，do kwon和terrausd：一个加密传奇

The crypto world is holding its breath as the GENIUS Act and the trial of Do Kwon, co-founder of Terraform Labs, converge. The fate of TerraUSD (UST) and the broader stablecoin market hang in the balance.

Crypto World随着天才法案和Terraform Labs的联合创始人Do Kwon的审判而呼吸。 Terrausd（UST）和更广泛的Stablecoin市场的命运处于平衡状态。

The GENIUS Act: A Game Changer for Stablecoins?

《天才法案：stablecoins的游戏规则改变者》？

The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, already passed by the Senate, aims to bring much-needed regulation to the stablecoin market. This could drastically alter the landscape for stablecoins like Tether (USDT) and, perhaps more directly, influence the legal proceedings against Do Kwon related to the TerraUSD collapse. The Act targets payment stablecoins, potentially impacting charges related to TerraUSD and the LUNA token.

参议院已经通过的指导和建立国家创新（GENIUS法案）旨在将急需的监管带到Stablecoin市场。这可能会大大改变Tether（USDT）等Stablecoins的景观，并更直接地影响了与Terrausd崩溃有关的do kwon的法律程序。该法案针对付款稳定币，有可能影响与Terrausd和Luna代币有关的指控。

If passed by the House and signed into law, the GENIUS Act will require stablecoin issuers to provide monthly, audited reports detailing their reserves. This increased transparency could pose challenges for companies like Tether, whose reserve composition has faced scrutiny. The Act also mandates registration with U.S. regulators, potentially affecting stablecoins based in foreign countries.

如果由众议院通过并签署为法律，《天才法》将要求Stablecoin发行人每月提供详细介绍其储备的审计报告。这种提高的透明度可能会对像Tether这样的公司构成挑战，Tether的储备组成受到了审查。该法案还要求与美国监管机构进行注册，这可能会影响国外的稳定币。

Do Kwon's Day in Court: The Trial Looms

在法庭上做权日：审判迫在眉睫

Do Kwon, the central figure in the TerraUSD debacle, has pleaded not guilty to criminal fraud charges. The trial, set for February 2026, promises to be a landmark event in the crypto world. The judge overseeing the case has acknowledged the potential impact of the GENIUS Act, suggesting the legislation could alter the trial's trajectory.

Terrausd崩溃的中心人物Do Kwon对刑事欺诈指控不认罪。该审判定于2026年2月，有望成为加密世界中的地标活动。监督此案的法官承认了《天才法》的潜在影响，表明该立法可以改变审判的轨迹。

Prosecutors allege that Kwon misled investors about the stability and utility of the Terra blockchain and its products. The collapse of TerraUSD in May 2022 triggered a significant downturn in the crypto market, contributing to the downfall of other entities like FTX.

检察官声称，权误导了投资者关于Terra区块链及其产品的稳定性和实用性。 2022年5月，Terrausd的崩溃引发了加密货币市场的严重衰退，这导致了FTX等其他实体的垮台。

LUNC's Lingering Hopes and Trump's Potential Pardon

伦克的挥之不去的希望和特朗普的潜在赦免

Despite the legal turmoil, the Terra Luna Classic (LUNC) community remains active. There's even discussion about reactivating a market module that was disabled during the 2022 crisis. Interestingly, prediction markets like Kalshi and Polymarket are even considering the possibility of a pardon for Kwon by former U.S. President Donald Trump.

尽管有法律动荡，但Terra Luna Classic（Lunc）社区仍然活跃。甚至讨论了在2022年危机期间重新激活残疾的市场模块。有趣的是，像卡尔西（Kalshi）和Polymarket这样的预测市场甚至考虑了前美国总统唐纳德·特朗普（Donald Trump）赦免权的可能性。

Coinbase: A Potential Winner?

Coinbase：潜在的赢家？

While the GENIUS Act might present challenges for some stablecoin issuers, crypto exchange Coinbase (COIN) could emerge as a beneficiary. Wall Street analysts have a Moderate Buy consensus rating on COIN stock, although the average price target suggests potential downside risk.

尽管《天才法案》可能会对某些Stablecoin发行人提出挑战，但加密交易所Coinbase（Coin）可能会成为受益人。华尔街分析师对硬币股票的共识评级为中等，尽管平均价格目标表明潜在的下行风险。

Final Thoughts: A Crypto Cliffhanger

最终想法：加密cliffhanger

The intersection of the GENIUS Act and the Do Kwon trial creates a fascinating and uncertain moment for the crypto industry. Will the GENIUS Act bring stability and transparency to the stablecoin market? Will Do Kwon face the full consequences of the TerraUSD collapse? Only time will tell. One thing's for sure: the crypto world will be watching closely. Buckle up, buttercups, it's gonna be a wild ride!

《天才法》和《 do kwon试验》的交集为加密货币产业创造了一个令人着迷且不确定的时刻。 《天才法》是否会给Stablecoin市场带来稳定和透明度吗？权会面对Terrausd崩溃的全部后果吗？只有时间会证明。可以肯定的是：加密世界将密切关注。搭扣，毛cup，这将是一次疯狂的旅程！