LUNA Price Spikes on Do Kwon Extradition Ruling But Gains Fade as Legal Uncertainty Remains

LUNA token jumped 77% on Tuesday after a court ruled Do Kwon's extradition was invalid, but gains are fading
Price increase was likely fueled by hopes that Kwon could evade legal consequences for LUNA/UST collapse
Despite court ruling, Kwon still faces extradition and charges in South Korea or United States
LUNA has fallen from over $80 to under $1 after Terra ecosystem imploded in 2022, wiping out $60B
Some crypto supporters still hope Kwon will continue contributing to LUNC network development