A potential change of plea by Do Kwon, co-founder of Terraform Labs, could significantly impact the LUNA market. Judge Paul A. Engelmayer has scheduled a hearing for this case. Currently, no official price projections have been released. The court filing states that Kwon may enter a change of plea. This announcement has sparked discussions in trading circles as it relates to markets like LUNA related to Terraform Labs. No specific details are being given by the parties involved or regulatory bodies. However, market analysts and traders are closely watching for official statements regarding this procedural development. Historical trends show that legal proceedings can cause short-term volatility but long-term impact on LUNA will depend heavily on any plea agreement’s details and how the market reacts post-hearing.