The suit, which was filled by U.S.-based law firm Roche Freedman LLP, alleges that Binance.US marketed Terra’s dollar-based UST as more stable than it actually was. According to the suit, when UST and its sister token Luna classic (LUNC) crashed to zero in May, thousands of unsuspecting retail investors were caught completely off guard. Misleading advertising is what the suit says is to blame for those losses.
Credit: Source link
An increase in both OI and prices typically indicates that new money is entering the market — indicative of a...
Low-unit bias, demand on Coinbase, frenzied community trading activity and BONK’s standing within the Solana ecosystem are positioning it for...
Republican President-elect Donald Trump promised to ease up crypto enforcement during his campaign. And that’s what’s going to happen as...
The actions of the U.S. Securities and Exchange Commission (SEC) chair Gary Gensler cannot be “explained away” as “good faith...
The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation...
This is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!
