🚨 $LUNC UPDATE | COURT-LED LIQUIDATION UNDER WATCH 🚨
Assets held by Terraform Labs (TFL) — including $LUNC — are currently being valued in insolvency proceedings and are set to be liquidated under court supervision to repay creditors.
⚖️ What’s the concern?
The $LUNC community is strongly pushing back against the idea of flooding the open market with these tokens, which could heavily impact price and sentiment.
🔥 Community Demand:
Instead of mass selling, the community is urging:
* ♻️ Token diversion
* 🔥 Token burns wherever legally possible
The goal is clear: protect the ecosystem, reduce supply pressure, and preserve long-term value.
👀 All eyes are now on how the courts and liquidators handle these assets — this decision could shape the future of LUNC.
LUNC
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