🧵 UPDATE: LUNC / Terra – court case (June 9, 2026)
The latest information from markets and media is clear:
👉 there is still no official court update or ruling in the Terraform Labs / Jane Street case today
📌 Current status of the case:
The case remains part of the bankruptcy litigation involving the Terraform Labs estate vs. Jane Street
Allegations: alleged use of non-public information during the 2022 UST/LUNA collapse
Jane Street continues to push for dismissal of the case
Terraform Labs is preparing its formal response
📅 Key upcoming date: 👉 June 11, 2026 – expected Terraform Labs response to the motion to dismiss
⚖️ What this means for LUNC market:
no new court decision = no immediate fundamental impact today
market is still driven by legal narrative rather than fundamentals
next potential catalyst may come after June 11
📊 In short: 👉 silence today
👉 market waiting for the next legal move
👉 “Jane Street case” narrative still shaping attention in LUNC community
Why does real-world utility actually matter?
Because crypto that only lives on exchanges doesn’t help everyday people or businesses.
VELO brings real utility: compliant payments, instant off-ramps to local currency, fast settlement for merchants, and rewards on your money while it moves.
It solves actual problems like slow transfers and idle cash sitting in banks.
This is crypto that works in the real world.
AMERICA IS ABOUT TO LOSE CRYPTO TO THE WORLD...
🇺🇸 Senator Cramer just sounded the alarm.
It's time to pass the Clarity Act NOW!
It's not about Bitcoin, it's about who controls the future of finance.
🇺🇸 THE US CANNOT LEAD GLOBAL DIGITAL ASSET RULES WITHOUT THE CLARITY ACT
And here’s why👇
According to Treasury Secretary Bessent, the CLARITY Act could pass the Senate this summer.
The White House is targeting July 4 signing.
The July 4 “deadline” for the CLARITY Act is not a legal cutoff.
It’s a political target to move crypto market structure legislation forward before the 2026 election cycle takes over Washington’s agenda.
The bill is meant to finally define clear rules for digital assets in the US.
It defines what counts as a security, what counts as a commodity, and which regulators oversee what.
Right now, that lack of clarity is one of the biggest reasons crypto firms struggle with long-term planning in the US.
If the bill doesn’t pass before the midterms, the legislative window gets harder to use.
If Democrats win control of Congress, the bill could be delayed, rewritten, or deprioritized, depending on how priorities around crypto regulation evolve.
That uncertainty is exactly what makes this timing so important.
It has to be done NOW!
Follow and turn on notifications to stay up to date.
BREAKING:
Trump just floated a radical idea about AI companies.
"Pieces could be given to the American public."
"The American public essentially becomes a partner with these companies."
The President considering partial public ownership of AI companies.
SpaceX IPO filing expected.
OpenAI IPO being discussed.
Anthropic IPO on the horizon.
If the government takes stakes and distributes them to citizens.
The wealth created by AI doesn't just flow to Silicon Valley insiders.
It flows to every American.
Interesting concept.
Or the beginning of a policy.
BREAKING:
Elon Musk just said what nobody in Washington wants to hear.
"The government is basically unfixable."
"If AI and robots don't solve our national debt. We're toast."
$39,000,000,000,000 in national debt.
The man who built Tesla. SpaceX.
And tried to fix the government himself.
Just admitted humans can't solve it alone.
Either AI drives a productivity boom large enough to grow out of the debt.
Or the math never works.
There is no third option.
BREAKING: Elon Musk just told his 240 MILLIONS Followers that the only way to Save Democracy is to pass the Save America Act
“The only way to save democracy in America”
I ABSOLUTELY AGREE 💯
Waiting for the brilliant light and the freedom we've dreamed of. Hold hands tightly and let's soar to the moon together! 🚀🌕
#LUNC#USTC#LUNCCOMMUNITY #GoToTheMoon
CYNTHIA LUMMIS PUSHES BACK AGAINST THE BANKING CARTEL.
Jamie Dimon is "absolutely wrong" on the CLARITY Act.
"He either hasn't read the bill, or he wants to mislead people."
The bankers know what's coming.
🇺🇸 SCOOP: some of the largest U.S. banks including @jpmorgan and @Citi plan to launch a tokenized deposit network next year, an attempt to "stave off threats from crypto companies" that are seeking to wade deeper into their territory under President Trump 🏦
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