In accordance to Korean media outlet JTBC Information, prosecutors in the nation have imposed journey restrictions on Terra developers and former developers as investigations into Terra’s LUNA and UST demise spiral proceed.
The Monetary and Securities Crime Joint Investigation Staff introduced that the journey embargo is to stop folks of curiosity in the case from leaving the country. The transfer means that the native company may very well be getting ready to problem search and seizures, in addition to subpoenas for these concerned in the matter.
LUNA 2.0 price seems to have reached a major resistance wall after bouncing off the $1.60 help degree. The layer 1 token must print a four-hour candlestick shut above $2.34 to advance towards $3.
Failing to take action can set off one other sell-off, sending LUNA 2.0 price to revisit $1.60 or make a brand new low round $1.30.
LUNA 2.0 4-hour chart