Do kwon's extradition process is set to begin, raising concerns among investors. the family of investor zhang zhongliang, who committed suicide following the luna collapse, expressed disappointment at kwon's potential early release. investor and lawyer, john f. deaton, tweeted that kwon has paid $1.2 billion in settlements to sec and does not owe any other agencies.
while this may ease some concerns, the justice system's response to the luna collapse remains a topic of heated debate. the community continues to advocate for kwon to serve a meaningful prison sentence, as many victims, including zhang's family, are still suffering. kwon, on the other hand, maintains that he has already paid through settlements and is not obligated to provide further restitution. the legal battle is far from over, with many viewing kwon's recent statements as a self-soothing mechanism.
despite the bearish trend, some analysts believe that a price drop may present new buying opportunities for terra luna. however, there is still uncertainty surrounding the future of the cryptocurrency following kwon's extradition.
article source: foresight news