After nearly four years in prison, Do Kwon, still has community members holding the line on Terra Luna Classic and looking forward to an "epic revival."

June 6. Even after Terraform Labs founder Do Kwon got handed a 15-year prison sentence for triggering the $40 billion Terra collapse, the original, abandoned Terra Luna Classic (LUNC) chain hasn’t vanished. A core group of community members is still keeping the network running, holding out hope for one of the biggest comebacks in crypto history. According to reports, a key LUNC community member going by the name “Vegas” lost roughly $50,000 in the 2022 Terra meltdown. Since then, he’s stayed busy running validator nodes, voting on governance proposals, and coordinating with developer teams. He says despite years of infighting, fraud allegations, and even being falsely reported to regulators, he’s convinced LUNC has what it takes to claw its way back into crypto’s top 10 by market cap. After the 2022 Terra collapse, Terraform Labs hard-forked to launch a new Terra chain—while the original chain was kept around and rebranded as Terra Luna Classic. Soon after, the community group Terra Rebels took over network upkeep and rolled out a bunch of initiatives, like a 1.2% burn tax, to try and jumpstart the ecosystem. But fights over funding and governance led to Terra Rebels breaking up, with dozens of developers jumping ship one by one. Even so, the community is still pushing forward with projects like lending protocols, games, and meme coins, plus efforts to bring back the stablecoin peg. Data shows LUNC is up 17.3% over the last year, but it’s down 28.7% since 2022—meaning it’s plummeted 99.99% from its all-time peak of $119. Some LUNC supporters say the shared grief of the collapse has created a tight, family-like bond—so price isn’t the only thing they care about anymore. “What if we pulled off one of the biggest comebacks in crypto history? This feels like a last-ditch Hail Mary,” another community member added.