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LUNC and USTC added to ALT5_Sigma's platform, community celebrates #LUNC and #USTC Great Again!
ByAinvest
Tuesday, Aug 12, 2025 4:28 pm ET1min read
LUNC and USTC added to ALT5_Sigma's platform, community celebrates #LUNC and #USTC Great Again!
In a significant move for the crypto community, LUNC (Luna Classic) and USTC (Terra Classic USD) have been added to the ALT5_Sigma platform, sparking a wave of celebration among users. This development comes amidst the ongoing legal drama surrounding TerraForm Labs and its co-founder, Do Kwon, who has recently pleaded guilty to fraud charges related to the TerraUSD (UST) and LUNA collapse in 2022.The addition of LUNC and USTC to ALT5_Sigma marks a milestone for the tokens, which have seen a tumultuous journey since the collapse of the Terra ecosystem. LUNC, once a prominent altcoin, has faced numerous challenges, including a significant drop in market value and a loss of relevance. However, the community's efforts to revitalize the token have shown promise, with Binance contributing 50% of LUNC-related trading fees to support these efforts [1].
USTC, the rebranded version of the UST stablecoin, has also been the subject of scrutiny and legal action. Despite the challenges, the token's addition to ALT5_Sigma is seen as a positive step forward, indicating a renewed interest in the Terra ecosystem.
Do Kwon's guilty plea in the U.S. federal court has added a new layer of complexity to the situation. The plea, which was entered on August 12, 2025, marks the conclusion of a years-long legal investigation into the TerraUSD and LUNA collapse. Kwon faces a maximum potential sentence of 25 years for wire fraud and up to five years for the conspiracy charge, with a 12-year cap outlined in the plea agreement [2]. The guilty plea is expected to streamline the sentencing process and provide investors with a sense of closure.
The addition of LUNC and USTC to ALT5_Sigma is a testament to the resilience of the crypto community and its ability to adapt to changing circumstances. As the legal and regulatory landscape continues to evolve, investors and financial professionals are advised to monitor these developments closely.
References:
[1] https://dailycoin.com/lunc-luna-prices-slide-as-terras-do-kwon-may-plead-guilty/
[2] https://www.ainvest.com/news/kwon-pleads-guilty-40-billion-terra-luna-fraud-scheme-2508/
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