The collapse of Terra and its algorithmic stablecoin UST was one of the most devastating moments in crypto history. Now, years after billions were wiped out, the legal reckoning is catching up. During a historic hearing, the judge described the Do Kwon actions as "fraud on an epic, generational scale," a phrase that instantly captured how deeply the Terra crash scarred global markets. What did the court mean by that exactly? And why does the case matter far beyond one failed
