We receive many messages about whether #LUNC has been sold. We need to look at the issue as Terra Classic, not $LUNC.


Terra Classic chain is officially owned by Terra, but they stopped developing the project. The community supported this issue and continued to develop the project.


In short; Terra Classic chain actually belongs to TFL. However; TFL announced that it would not develop. Then a decentralized community emerged and embraced the project.


▪️LUNC and USTC were not officially transferred to anyone. TFL's withdrawal was not through a transfer agreement. It was about not developing. I don't know if different signatures were made in the background, but this is the situation we know.


For this reason; TFL's court processes are very, very important. Court processes will be completed soon. We will see what will happen next...


If there is different information on this subject, please let us know.


#TerraClassic #USTC $USTC #Meme Alpha# #Macro Insights#

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November 25, 2024 at 11:40 AM
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