Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers
Luna Foundation Guard CEO Do Kwon suggests forking LUNA to a new chain using a snapshot from before the attack

Tracking Terra’s collapse, ongoing legal fallout, and its impact on the broader digital asset landscape.
The crash of Terra’s UST mean that US regulators could work faster to establish some framework for stablecoins.
An unknown person knocked on Do Kwon's front door asking for him, before fleeing the scene. Local police have opened an investigation.
Terraform Labs scrambles to save LUNA with another burn proposal that sacrifices roughly 8% of the total supply of UST.
Basis Cash is an algorithmic stablecoin pegged against the US dollar that failed to achieve stability against the dollar.
Charles Hoskinson questions why VCs and cryptomedia love certain altcoins and hate on Cardano in the wake of UST's fall.
Terraform Labs CEO Do Kwon suggests endorsing the community proposal 1164, which would increase UST's base pool from $50 million to $100 million.