Song Zailin's posthumous work! The movie "Crash" will be released next year, and the net guess is to adapt the LUNA zeroing event

According to reports, the financial crime film '폭락' (meaning 'collapse') adapted from a true story will officially be released on January 15 next year. The film tells the story of a young man creating AltCoin $MOMMY, achieving unprecedented success but running into regulatory issues, and eventually collapsing, causing a loss of 50 trillion Korean won. In addition to receiving support from the New Media Content Department of the Korea Creative Content Agency, the film is also the posthumous work of the late actor Song Zailin.

The community speculates that 'Crash' is adapted from the Terra Luna incident

The news indicated that the film is based on a true event, and the judicial authorities have not yet made a final verdict. The production team has also conducted thorough preliminary investigations, as well as detailed reviews and legal consultations for this. The official release date was officially announced as January 15, 2025, and a teaser poster has been released.

Keywords such as the massive scale of losses in South Korea also bring to mind the Terra Luna incident. Do Kwon is the founder and CEO of Terraform Labs, and the cryptocurrency coin $LUNA and stablecoin $UST he launched were once among the most well-known cryptocurrencies in the world. Through smart contracts balancing the issuance and destruction of $LUNA and $UST, $UST was also once the world's third-largest stablecoin.

However, in May 2022, Terra Luna encountered a targeted attack. The liquidity shortage of the Anchor Protocol caused by massive selling of $UST by unknown whales led to a significant price drop. The panic also left market participants unsure of what to do, ultimately resulting in the collapse of $UST and $LUNA, leaving them only as entertainment for the Mid-Autumn Festival.

The posthumous work of Song Zailin will be released in January next year.

In the movie, Song Zailin plays the protagonist Liang Daohao, who is a crypto coin developer who claims to be a business genius despite facing multiple entrepreneurial failures. Also starring with Song Zailin are An Youyan, Min Chengxu, Su Xizheng, Che Zhengyuan, etc. In the drama, Liang Daohao's crypto coin $MOMMY achieves success, followed by regulatory pressure, and ultimately leading to a collapse. The film depicts the other side of entrepreneurial investment and the reality of young Koreans being addicted to stocks during the day and trading coins at night. Please provide the text to be translated. Song Zailin was found dead at home on November 12th this year, at the age of 39. During his lifetime, it was reported that he had long been harassed by sasaeng fans (who would pry into the privacy of celebrities and even engage in invasive behavior). Song Zailin made his debut in 2009 with the movie 'Actresses' and subsequently participated in Korean dramas, movies and stage plays. 'The Moon Embracing the Sun' and 'Empress Ki' are also his well-known works, and he has also appeared in the MVs of girl group 2NE1's 'Go Away' and BoA's 'Message'. Please provide the text to be translated. Disclaimer: The market is risky, and investment should be cautious. This article does not constitute investment advice, and users should consider whether any opinions, perspectives, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at your own risk. Please provide the text to be translated. This article is authorized to be reproduced from: "Chain News" Please provide the text to be translated. The last work of Song is coming back! The movie 'Collapse' will be released next year, and the internet speculates about the adaptation of the LUNA zero event. This article was first published in 'Cryptocurrency City'.