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This content describes the Terra Luna disaster caused by Do Kwon, the founder of Terraform Labs. The collapse of UST stablecoin led to widespread investor fury and legal actions. The Securities and Exchange Commission (SEC) also brought charges against Do Kwon. A major Korean law firm has initiated a lawsuit against him. With investors angry and Do Kwon potentially on the run, the Terra Luna saga continues to unfold in the crypto world.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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