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It will take years IMO to burn 6.9 trillion down to billions. I wanna know where the money went that #UnstableKon 'spent' on the 6.8 TRILLION LUNA that he sold into the open market. IF he bought UST 'to prop it up and maintain the USD peg",,,,everyone dont cough BULLSHIT at once,,,,then WHERE are those UST tokens? This NWO bankster bullshit that 'its gone' just doesnt pass the smell test. Never did never will, and Im not letting it go.
Oh yeah, and lets not forget the stolen BITCOINS that found their way to a Gemini account and then disappeared.
The crimerock boys here will add enough zeroes until they get about 6 to 6.5 trillion. At which point they will come up with some kind of 'news' that the collapse was unjust and uncalled for, and they just cant understand why LUNC isnt trading around $4 to $5 like LUNA. Its what they do.
#DoBoyUnstableKon is the pawn and foil in their criminal shorting/trapping game here, and he will do whatever they tell him to, or else.
IMO #UnstableBoy has lots to hide.
https://coingape.com/web-stories/do-kwon-takes-his-twitter-private-as-luna-continues-to-fall/
Huge dump right now just touched .00007s.
LOL! From your keyboard, to Gods ears man! A huge AMEN to that!
That would be super radical. I hope something like that happens. In the meantime
I will continue to keep pounding the #ShadyBoyDK drum because we can not afford
to just let it fade away. Thats something all LUNA/LUNC holders can relate to, and
IMO the crimes are obvious and in the billions. NOT just millions. IDK how hard the
Korean authorities will truly pressure #ShadyBoyDK into the truth, but if we see a day
soon where that first pebble hits the pond,,,,,look out. IMO many will be kicking
themselves for not loading the boat on LUNC at 1 SAT. All my opinion folks, alway
do your own due diligence and never bet the ranch or go 'all in' on anything.
YW,,thanks for the correction. It should indeed be #LUNCclawback !
Make it go viral folks. We know there was a huge crypto robbery here. The SK authorities know it too.
And @ShadyBoyDK just keeps stepping in it,,,
https://thecryptobasic.com/2022/06/02/do-kwons-troubles-deepen-after-being-exposed-to-new-4-8-million-money-laundering/
#LUNCclawback give back the stolen billions DK before its too late.
Interesting tape goin on right now. I wonder who just shorted/straight up sold 145,000,000 @ .000125? I cant imagine anyone would still be shorting this just above 1 SAT. Pure insanity IMO.
Could just be more of the same old sell side algo games,,,,
Yup, those familiar 25m blocks are doing exactly that. Kinda what like the citadels and banksterrocks of the world do on the OTC and pink sheets every trading day.
This will continue until significant news is released. Then they will let it run, and make a ton. Again.
Amen to that xZ, thats the only reason Im here. Its worth the small gamble to see IF justice somehow comes to LUNC. The shady business was/is obvious to anyone with more than half of a brain. LUNC will either explode (IMO likely) or wallow in the 1 to 2 SAT level and just be a trade from now on.
Dont bet the ranch, gentlemen. Only what you can afford to lose.
I agree that this is probably the most common perception of what happened, but I dont think that the bankster frauds were able to sell LUNA down to the sub penny levels. They had to have covered the short positions long before that. I would say that they covered around $1 and were done. And as you will recall, LUNA bounced to the $5s very quickly.
And it still does not answer the huge questions of what DK did with the money for the 80k BTCs HE/LUNA sold, or the 6.5 TRILLION with T, LUNA that he dumped on the open market at whatever prices. The truth is going to come out eventually, IMO best to load now at the 1 SAT levels.
#CLAWBACK
xZx I would sure as hell hope so, because we know this weasel is a thief. Nothing else fits the facts. There is still NO ACCOUNTING of the 80,000 BTCs he sold, other than 'well golly gee Mr Wizard it all went into a Gemini wallet,,,and,,,ITS GONE!' That shit right there ALONE does not pass the smell test! Thats about $2.5 billion the arrogant littleprick stole IMO, and thats why he is in deep shit with South Korean authorities.
Then, we come to this matter of the 6.5 TRILLION or so LUNA he kept dumping into the bid book just to 'maintain the UST/USD peg'. Another farce. THAT is where the huge money is, by any conservative estimate. They smashed all the bids down to $1,,,then they stopped and let it recover into the mid $5's, then started the relentless selling under .05. Of the 6.5 TRILLION dumped, I think it is safe to say that the net
on that HAD TO BE WELL above $1 TRILLION, by anyones estimate. Saying it ALL went to 'support the USD peg' just does not cut it. IF SO, where are all the USTs at? Up in smoke according to the arrogant little prick and his all new 'LUNA2'. The biggest crypto bank robbery ever IMO.
Bottomline there is serious value here and everyone knows it.
Wow,,,he/BINANCE never sold the original position. It bodes well for the current 6.9 trillion IMO. Still total BS to be forced up to that huge outstanding number with NO idea where DK sent the money. IMO he stole it for himself along with the 80,000 BTCs.
#CLAWBACK
As much as I hate to agree with JPIG, aka jpwhoregan,,,,they got this right.
From ZH,,,
https://www.zerohedge.com/crypto/jpmorgan-says-bitcoin-25-undervalued-terra-fud-overdone
Terra FUD way overdone,,,NO! Ya think? LOL
Oh yeah I agree with you on that. We keep hearing that the exchanges 'are under no legal obligation' to cooperate with the authorites, I find that laughable on its face. They will all end up cooperating IMO. LUNA should get a huge boost when it happens.
#CLAWBACK
#CLAWBACK getting closer?
https://coinmarketcap.com/headlines/news/luna-foundation-guard-under-fire/
xZ it may not even matter that the tech failed or whatever. The Korean regulators already know there was huge funny business involved, and Im guessing DK isnt getting much sleep these days.
IMO they wont need to prove the short selling conspiracy, or if blackrock and citadel were involved or not. It doesnt matter, it happened and its over. I would agree that
burning back better is not the way, and likely wont help much. It was much easier for DK to just dump 6.9 trillion and skate off with the money, IN MY OPINION. If true, that was blatant theft no matter what, and should be clawed back.
#LUNAclawback
#WheresTheMoneyDK
#LUNAclawback make it go viral. Where did all the BITCOIN $3.5 BILLION go DK?
Where did all the 6.9 trillion dilution money go DK? The world demands the answers.
So we know LFG or LUNA still has 313 BTCs and a huge amount of AVAX. Heaven
only knows what DK and friends are hiding, or maybe even stole from LUNA and
UST holders.
#LUNAclawback
They denied it and they are not based in South Korea. They arent really relevant to the South Korea investigators IMO. DK is cornered IMO and they have the goods on him. You cant pull a massive fraud of billions with this many eyes on it, this many huge players and expect to get away with it.
IMO Blackrock and Citadel are part of the protected bank cabal, they wont be touched. DK on the other hand, very touchable.
His sorry little ass is in a sling over the massive fraud he committed IMO.
#LUNAclawback make it start trending.
The April 30th thing, now the embezzlement investigation. He's trapped and caught,
and LUNA holders should get back the $3.5 BILLION of bitcoins many believe he
stole and sent to a Gemini wallet. Then unwind the almost 7 trillion of LUNA he
dumped into the open market for no reason at all other than to feed the coordinated
panic. He was probably in on it with ratfink and kenny boy IMO.
Simple. It will be confirmation that the huge drop was nothing but an embezzlement scam, and not based on true value of LUNA. Why were all those bitcoins ($3.5 BILLION WORTH!) dumped into the highly dubious 'save the UST/ US dollar peg!' narrative? Total BS, along with the deliberate dilution dump of the LUNA trillions of coins just to force the unjust crash. That never needed to happen. Read the article and draw your own conclusion. DK is caught IMO, and not gonna get off Scot free.
THIS IS BIG! Just out,,,
https://coinmarketcap.com/headlines/news/korean-police-seek-freeze-on-luna-foundation-guard-assets-kbs/
Doboy didnt get away with the theft,,,oh I mean THEFT IN MY OPINION. Pissed off too many BIG boys, and got caught. Yes, we get it that the exchanges 'are not bound by law to do so', however telling big government cronies that, has consequences.
DK already having his arrogant little prick ass sued off, IMO he is cold busted. I think we will eventually find out that the sold BTC billions that went to the Gemini account,,,,was all him. Embezzlement, plain and simple. Busted DK,,,you are busted. Might take time, but you have been had. Next the authorities need to track ALL the 6.9 trillion he dumped into the market. More billions. There is serious value here above 1 to 2 SAT. Current price is a joke IMO.
When the market digests this, LUNA should see a huge pop. We'll find out soon enough. All my opinion, do your own due diligence.
xZ, if Novo / Galaxy fund decides to extract revenge on DK, that alone would drive LUNA to .05 / .10 area IMO. If Novo and a few of the other billionaires that were conned by DK get together, $1 is possible. IF they somehow get Musk to say he has been buying LUNA,,,forget about it. Sky is the limit IMO.
Novo and friends could pump the sht out of this just with the fake 'offer' game. It could happen at anytime. I cant believe people are still shorting this below 2 SAT.
Simply insane, the big short money was already made. This is the time to cover and go long.
GOOD NEWS! scroll below to the iHub news feed. Here it is. No way this is negative for LUNA.
https://ih.advfn.com/stock-market/COIN/LUNAUSD/crypto-news/88176648/nox-bitcoin-to-refund-ust-at-1-to-their-customers
First domino to fall?
A CLAWBACK is in order here IMO. #LUNAclawback #LUNAtheft
Get that word into the discussion. DOkwon must be forced to answer at least the BTC $3.5 BILLION question. As a START!
LUNA worth way more than .00022 IMO. WHO OWNS the Gemini wallet where the money ended up? That should be an easy question to answer. I wonder if they have already told Korean authorities the answer?
KEEP THIS ISSUE FRONT AND CENTER! The highly dubious (IMO blatant theft!) 'transfer' of $3.5 BILLION in BTC issue MUST be addressed! Im sure Novo/Galaxy and all the bigs that rode LUNA down from $119 will be demanding answers in the immediate future. As xZx and others have said here, LUNA still has plenty of real asset value well above the current market cap. Even with the pop this morning.
Where did that money go DoBoy? And where is the money from the 6.5 TRILLION you dumped out of thin air? The longer he refuses to answer, the worse he looks IMO.
This is from Doomberg a week ago,,,,but this question remains extremely valid until DK and his other insider buddies answer it.
(Bloomberg) -- The $3.5 billion in Bitcoin purchased as a reserve by the foundation set up by the creators of the failed Terra blockchain became untraceable after it was moved to two cryptocurrency platforms, according to blockchain forensics firm Elliptic.
What happened to the cryptocurrency held in reserve may become a key question if investors seek to recoup losses suffered in the wake of the collapse of the blockchain.
Between January and March, the Luna Foundation Guard, or LFG, bought $3.5 billion of Bitcoin, Elliptic said, according to its blockchain analytics tracking tools.
When the value of Terraform Lab’s TerraUSD, or UST, stablecoin began to fall on May 9, the foundation said it would use Bitcoin from the reserve to purchase UST in order to maintain its one-to-one peg with the dollar. Over the next day, the crypto wallets used to hold the reserves were emptied, Elliptic said.
About $1.7 billion was sent on May 9 from LFG wallets to a new address through two transactions after Terra co-founder Do Kwon said the funds would be used to support the peg. Within hours, the entire amount was moved to a single account on the Gemini crypto exchange through several transactions and it was not possible to trace the assets from that point, Elliptic wrote.
The remain Bitcoin reserves were moved on May 10 in a single transaction to an account on the Binance exchange, Elliptic said. The blockchain analytics firm isn’t able to identify whether the assets were sold or moved to other wallets at that point.
Why does Griffin keep talking about LUNA? I thought that he and blackcrock didnt have anything to do with the crash scam, and they 'dont even trade,,,UST'? LOL wow nothing too suspicious about that.
Im not a fan of big government, but if South Korean laws were broken it would be nice if they were to step in and unwind this massive fraud. Have DoBoy take all the ill-begotten gains and buy back the 6+ TRILLION LUNA he created out of thin air. Now THAT would be poetic justice. Im not holding my breath, but that would be simply awesome.
Force the burning of the dilution and make it as if this massive fraud never happened. It would indeed be a huge transfer of wealth, but then again that happens all the time.
What those of us 'dip buyers' have on our side, is that many BIG players got burned on LUNA. Many like Novo that are not just going to go away, especially behind the scenes. I think those buying here just above 1 SAT are going to do very, very well. All just my opinion. do your own DD as always.
Yeah I see that. It would be nice if BTC would stop rolling over and do something. That would help the entire sector, and LUNA.
So true, real assets real money. While I think Babubs 25 cent prediction is a little too optimistic at this point, IMO 1 to 4 cents is very doable even with the farcical 6.5 TRILLION (or whatever it was exactly) that DoBoy diluted.
At a penny, LUNA would have a market cap of $70 billion or so, I think. You guys feel free to correct me. At the peak, wasnt it higher than that? Plus, if a short rally/media pump rally starts from here, IMO it might be impossible to stop it at .01. Could go much higher just on momo and the right news.
LMAO YUP! LUNA has a lot of assets for being 'worthless'. Yes it is a crypto in the crypto space, but many things can still happen here.
Im wondering what it might take to reverse the whole scam given what is now known about Do boy and his highly dubious April 30th bllsht. He CLAIMS he 'never sold any UST or LUNA' well I call bllshit on that.
And the gigantic fraud of selling all those bitcoins is yet another crock. We want that money back, along with whatever money they have from selling/forcing LUNA down to .000003 diluting 6.5 TRILLION coins (total fraud and scam IMO) 'just to maintain the USD peg.' Im not buying the South Park thing as I said here from the start,,,,'and, its gone'. Not good enough Do Boy, fork it over along with the remaining 313 BITCOINS, the $92 million of AVAX, and whatever else Terraforms is holding.
All that being said, it appears the Binance CEO is somewhat of an ally simply by not being a hostile. VB being pro-LUNA is a great thing. Time will tell.
LMAO the classic line from Office Space,,,love it. I wonder if justice in South Korea is
just as big of a joke as it is here?
#FederalPoundMeInTheAssPrison
Terraform owns over 3 million AVAX (Avalanche) worth over $92 million. Did anyway
else here know this? I will admit, I didnt. How many high dollar assets does LUNA
have? This .00015 sht is becoming a bigger and bigger joke all the time. Clean up
your mess already DoBoy. Chop chop.
https://coingape.com/will-terra-sell-its-92-mln-avalanche-avax-holdings/
Nice night for a breakout,,,,
It could indeed be taken either way for sure. It was very meek and weak, no doubt. On the other hand, while this is still 'raw' for Galaxy and the entire crypto space, he may be thinking that now is not the time to do anything in light of the Do-boy news. Im hoping he just wants to let that play out given that this arrogant little prck could just cancel LUNA at any time IMO. Time will tell. Still a good bet at these levels, these shorts will have to cover at some point.
NOVO SPEAKS! This is huge IMO,,,,long article on ZH but well worth the read. Maybe setting up the investors of Galaxy for a LUNA buyout? It doesnt clearly say that, but he is clearly pissed.
https://www.zerohedge.com/crypto/galaxy-digitals-novogratz-breaks-silence-after-luna-collapse-says-crypto-revolution-here
Huge LUNA positive IMO. This will put pressure on DoBoy to save LUNA so that he doesnt look like an inside trading fraud that sold on information he clearly had before everyone else.
IMO todays 'trading' sure does look like a citadel trap/pin job at .00017 x .00018. But fear not, they denied any trading in 'UST'. Notice they never mentioned LUNA in the denial,,,,
LOL for sure. CZ/Binance is a wildcard here. I wonder just who is pulling his strings,,,,hopefully we find out sooner rather than later. LUNA still worth a mad money gamble here IMO. Dont invest more than you can afford to lose, as with all things IMO.
Agree again, its well worth the gamble at 2 SAT. Perhaps the Rothschild underlings have bitten off a little more than they can chew at this point. Every day that LUNA keeps trading and does not go away for good, is another day they have to keep sweating the whole truth coming out. And IMO its going to come out. They have to kill LUNA completely before it does in order to win this 'game'.
Can you imagine how many of these fraudulent idiots just kept shorting all the way down to the lows? Unreal.
Bottomline there is much more value than .0002 here and the world knows it. DK keeps talking about rewards and snapshots 'before the crash' happened, he should just come out and tell the South Korean government that it was a coordinated attack against LUNA, and he is erasing the 6.5 trillion that were created in an attempt to stop the attack. Show the bank cabal a big middle finger and watch all the shorts get drilled.