Terra Luna Classic (LUNC) surged approximately 24% to reach a session high near $0.00004905, despite a largely flat broader crypto market. The rally was driven by significant token burns and renewed legal scrutiny involving Jane Street. On the day, 32 million LUNC tokens were burned, contributing to a weekly total of 224.46 million and an overall burn of 85.58 billion tokens, nearly 19% of the total supply. This burn activity has been seen as a confidence booster for the community since the 2022 collapse. Additionally, LUNC's 24-hour trading volume spiked 466% to about $74.3 million, indicating heightened investor interest and liquidity. The surge coincided with the SEC's investigation into Jane Street for alleged market manipulation related to TerraUSD's depegging on May 7, 2022, which had significant market impacts. This legal development has reignited discussions around Terra's past controversies, keeping LUNC in the spotlight despite its current value being far below its historical peak of $117.