Gobi|a

Crypto and NFT enthusiast | #LUNAtic - trying to recover

[Benjamin Cowen @benjamincowen]

People calling this the memecoin supercycle while OTHERS/BTC has been bleeding since 2021.

For every memecoin you find going up against BTC, you will find probably 100 more that are already going asympotitically to zero.

[Terra Classic Foundation @TCF_Terra]

As per the recent United States District Court ruling in the SEC vs Terraform Labs Pte Ltd & Do Kwon case, the court has ordered all TFL and LFG owned assets to be transferred to the Terra Bankruptcy Estate.

The entire list of TFL and LFG owned wallets can be found here: https://t.co/H56LzmFqQH

While it’s unclear if TFL and LFG assets will be burned, the order clearly states that:
- The representatives of the bankruptcy estate aren’t authorised to dispose any Terraform assets (USTC, LUNC, MIR, LUNA, ANC, KRTC, wLUNA), thereby alleviating any fears of these Terraform assets entering circulation in the market
- TFL would have to destroy the private keys to these wallets

In lieu of this, the assets in the aforementioned wallets can be considered as effectively frozen and out of circulation.

As per the guidelines of reporting circulating supply set forth by Coinmarketcap, we shall be working along with @Raider7019 to exclude any major TFL wallets from circulating supply calculations to provide a more accurate picture of $LUNC and $USTC circulating supply.

[Gobi|a @Gobilacrypt]

@stable_lunc @zGuz

[Zack Guzmán @zGuz]

Do Kwon & Terra vs The SEC CLOSING ARGUMENTS

The SEC and Terra’s defense team just spent the last few hours recalling their cases for the jury

The jury is soon to begin deliberating and could deliver a verdict this afternoon.

Here was each side 🧵

[Gobi|a @Gobilacrypt]

@PillOnSolana 2CP98FEpTLc34ja7Frix4BuK5dquSjyomeJ83LH5gT4c

[Gobi|a @Gobilacrypt]

@zGuz @chris_b_20 Yes please 🙏 😉

[Gobi|a @Gobilacrypt]

“Failure doesn’t equal fraud.”

[Gobi|a @Gobilacrypt]

@fleece_cannon I’ve supported and continue to stand by the vision and innovative spirit that $LUNA represents. It’s a time for resilience and truth. Godspeed to the entire TFL team during the trial. Here’s to a future that’s as bright and promising as the vision we all believe in.

[Gobi|a @Gobilacrypt]

Excited to share that @StationWallet is launching v3 Dashboard! 🚀 This update transforms user experience with new features like integrated portfolios, cross-chain swaps, a unified activity history, improved staking UI, and more. #StationV3 #Luna

[Gobi|a @Gobilacrypt]

@eliz883 I’m an idiot 🤦‍♂️

[Gobi|a @Gobilacrypt]

@SECGov @MarcGoldich 😂😂😂😂

[Gobi|a @Gobilacrypt]

⚠️ Remember, while Mint Cash is an exciting development in the crypto world, it's not financial advice. Always do your own research and invest wisely! 📚💡 #NotFinancialAdvice #DYOR

[Gobi|a @Gobilacrypt]

🚀
"Introducing @wemintcash: A Revolutionary Redesign of Terra's Stablecoin System 🌐🔄 #MintCash #cryptoinnovation

[Mint Cash 🏛️♻️ @wemintcash]

WTF is Mint Cash?: A sufficiently simplified read on the Mint Cash stability mechanism, by @shinhyojin1031

https://t.co/XNhd7F7ybZ

[Gobi|a @Gobilacrypt]

💥 Anchor Sail is reborn! Balancing interest rates for economic stability, funded by diverse yields and efficient lending. A new era for DeFi lending begins. 🌊⚖️ #AnchorSail #DeFi