A line from yesterday’s U.S. federal court hearing clarified something important for the Terra Classic ecosystem — and many people missed it.

#LUNA✅

Judge Engelmayer stated:

“There are cases where the company itself was a fraud like Madoff or Theranos. This is not that case.”

This distinction matters.

The court made it clear that the case focuses on individual conduct, not the Terra blockchain or its underlying technology. The judge further emphasized:

“The indictment of you (Do Kwon) is not an indictment of your company.”

In other words:

  • The court did not label Terra Classic as a fraudulent project

  • The blockchain, network, and technology were not on trial

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  • Accountability was tied to actions and decision-making, not the protocol itself

The court even acknowledged that Terra’s technology had legitimate potential, referring to it as a “better mousetrap” — a system designed to improve existing solutions.

This moment helps separate:

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❌ Personal misconduct

from

✅ The Terra Classic chain, network, and community

For the Terra Classic ecosystem, this marks an important legal and narrative clarification. The project can now be evaluated more clearly on its technology, governance, and ongoing development, independent of past leadership issues.

#LUNA✅

A new chapter begins — focused on rebuilding, transparency, and utility.

$SOL

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