Binance Involved in LUNA SCAM - page 2.

FairUser

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Quote from: rum19980 on May 13, 2022, 05:38:37 AM

Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors

If wise enough, as far as I know, they have been making the price of that currency lower when the large selling force in the past few days has decreased by about 10,000 times. The trading volume with it is very low, and I think they bought back a lot of shitcoins at a low price. I did the resurrecting to get more FOMO people back, and I think I'll continue to sell it to the latter ones. I came across the plan to recreate the Luna project and felt it would be ridiculous he could not heal the wound caused by the project. The unreasonable handling and continuous minting of new coins makes me feel it is even more disgusting than the shitcoins that I witnessed when rugbull. I also think CZ has contributed a lot to this scandal. Either way, the huge KOL influence in the market and the legitimacy of it will make him less critical, but it's still the most blatant hoax I've ever seen.

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Quote from: rum19980 on May 13, 2022, 05:38:37 AM

Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors

Actually this ia a big turn off. Binance delist it ans suddenly list it. Of course the tendency of traders is to buy and sell it and make some profits out of it. Truly dissapointing that they didnt delist it on the first few days of being exploited and niw they resume trading and back to pump and dump again.

so98nn

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Dam this Luna thing is all over the forum. I’m so grateful myself that I did not fall for the shitcoins anymore and only trying those coins which are with background, proper devs and mineable. If these requirements are not fulfilled then bye bye to that altcoin!
Why LUNA is so much invested by everyone I gotta ask? I care less to go online and check what it was and why it fell considering it look like just another shitty scam.

Binance may not have been involved into scam. They might have been just paid by the project to promote it and been regular fee providers. After all binance has to run their own business.

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Quote from: joeperry on May 15, 2022, 02:08:30 AM

...Why does people blame others for what happened and lastly I don't think Luna is scam and I think you should look for answers online and read what really happened on why does Luna dropped to 99%.

Luna management is directly responsible for what is happening, because they could stop the blockchain in time to prevent excessive coin issuance in the amount of more than $6 trillion. Perhaps for this reason, on May 11, the SEC launched an investigation and sued Terraform Labs.

joeperry

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I don't think they delist it in the Binance and I don't think Binance has something to do with the coin as they are not related to it and it was just listed in their exchange? Why does people blame others for what happened and lastly I don't think Luna is scam and I think you should look for answers online and read what really happened on why does Luna dropped to 99%.

worle1bm

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They have not forced you into investing into these stablecoins and you must have gone through proper check before but many have lost in this LUNA crash which will act as warning that so called risk diluting dollar pegged coins are also subject to such dumps that can take them to zero value.So you must not get into them fast but do proper research before investment.

Davian144

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Quote from: Nivia1st on May 14, 2022, 10:53:08 PM

why should the exchange be responsible for the failure of the project. from the start they have only been a place to trade and the people who buy should know the risks when buying problematic coins. to blame is the development team itself. those who make this problem so big. no action has been taken since crash.

Basically the exchange is clearly not to blame because the exchange only provides the services and places needed by the coin or token so that traders can see it clearly and can make purchases on it. I think what you're saying is absolutely true because it's the project team who are to blame for putting the product on the market and not taking care of it very well.

Gayong88

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In crypto world is not easy to trust exchanges, so you have to follow some rules and check their user reviews. for this moment there are just a few people that are at the top making a lot of money, while the majority is losing. If look condition today Luna didn't even announce they are going to delist a coin.

If you got burned by Luna, you're not alone. After talking to a lot of people who have lost money but are still active in the cryptocurrency space, it seems like this was bound to happen to someone and that no one is completely blameless. Perhaps the best thing to do is simply apply the lessons learned from this situation and move on.

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Quote from: rum19980 on May 13, 2022, 05:38:37 AM

Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors

why should the exchange be responsible for the failure of the project. from the start they have only been a place to trade and the people who buy should know the risks when buying problematic coins. to blame is the development team itself. those who make this problem so big. no action has been taken since crash.

Reid

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Then perhaps you could've sold your Luna before it went zero. That's where it was going so the reaction about this matters should be faster than any exchange. That's how investment should be, you take care of it, monitor it so that you won't be rekt whenever this kind of play comes around.
Why the exchange is the one to be blamed? I wish you have thought about what you will share before you press than post button.
Whenever a market drop it will be like a landslide, every investor will try to save their ass and sell it at a good price even though its lower than ROI.
That's the normal thing to happen and if ever an exchange closes the selling point then it must be because they have nothing left to offer.
That is called business.

tbct_mt2

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They involved.

You see how Binance did not detect the huge new tokens deposit on their exchange. No matter those tokens from LUNA team or hackers. In addition, if it is true that those token deposit were not detected by Binance, it means there is something wrong with their security and money-laundering protection. It damages their reputation.

Today Binance plays their part to pump LUNA 500 times but after that, CZ tweeted and price fell almost half. Do you see how they play the game?

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Quote from: rum19980 on May 13, 2022, 05:38:37 AM

Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors

If my assumptions are correct, you were a vitcim of the latest Luna fall and you are here just to blame exchangers. Do you know how many shitcoins are listed out there? Thousands! Do you know why exchangers listed them even they know they are scams? Because the exchanger is a centralized company looking to generate the maximum of revenue whatever the concept. Exchangers are not responsible for you choosing to put your money in a scammy project, it's not their role at first place unless the token is developed by the exchanger itself.

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Quote from: rum19980 on May 13, 2022, 05:38:37 AM

Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors

I don't think so dude, Binance try their best to save luna and Luna's investors but luna couldn't hold or some big mistake of their system they could not stand such a big attack. But today we see the market is already pumped more than 1200%. Even their is a doubt about its future because the supply of this token. Let's see what's gonna be happen.

rum19980

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Binance is responsible they saw LUNA team minting more supply and dumping on binance
everyone saw the LUNA supply increasing with billions each minute in coinmaketcap BINANCE
didn't even stop the LUNA deposit till it went to zero and now they open trade again so that
LUNA team can scam and dump more BINANCE become a SHIT EXCHANGE like Yobit
They just care about collecting the fees from LUNA SHIT and don't care about their investors

danherbias07

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How? Any proofs? If none, then it's just a conspiracy theory.
I don't think they are part of it but they may have helped with the dump and that might be the closest theory we could get. Many exchanges do hold a lot of different altcoins, especially the ones that are blooming.
Some exchanges accepted those coins as payment for listing and some came from exchange fees. They may have sold that but that is their right and so does the whales who sold it out for good.

Metroid

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Binance to this day never failed me however I stopped trusting exchanges long time ago when MT GOX was hacked and after that BTC-e seized by govs, use caution dealing with exchanges.

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Quote from: aioc on May 13, 2022, 10:20:40 AM

Quote from: rum19980 on May 13, 2022, 05:38:37 AM

Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors

I never blame the exchange for all my trading I admit I bought Luna when it was crashing it's on me, not on the exchange it's the greed and the decision of the traders, I read that Binance team is trying to help them but unfortunately they are not open to suggestions and they want to proceed based on their decision, there is no collaboration, its Luna team alone should take the blame

Who is responsible for the demise of luna and ust is Dokwon and not binance and any exchange. Exchanges only provide us with an environment to trade, no guarantee of profit or risk if we make a mistake.
Investors themselves also have to bear a part of the responsibility when holding luna. I have seen a lot of investors who bought a large amount of luna when its price dropped 100% because they thought it could rise again but things didn't go as they thought and they should be satisfied with their decisions.

zonefloor

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I absolutely agree with this view. I don't remember the exact number but if Luna went below that amount, she had to be delisted by binance. But Binance wants to add profit to the amount of profit it earns by constantly announcing futures. So far, I have not seen a crypto currency that can live in such a serious decline in any crypto currency. But Luna still continues. In my opinion, this is the biggest example of fraud. In fact, thanks to the fomo he has caught, it causes many people to lose serious money every day. I'm in favor of not depositing more than $10. Although his team started various activities to save the project, after this time, who can trust this team anymore is discussed.

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Quote from: CaVO32 on May 13, 2022, 06:06:51 PM

Quote from: nurilham on May 13, 2022, 06:03:00 PM

Quote from: rum19980 on May 13, 2022, 05:38:37 AM

Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating

What do you expect if all exchanges delist Luna? Do you want all Luna holders to have no chance to sell them again?
Anyway, those exchanges have no responsibility for the drop in crypto coin prices. They only facilitate people to trade the coins on their platforms. If there is a big drop in Luna price, you should ask Luna founder or the team. They are the ones who have the authority to explain it. But they also have no responsibility for your losses because they never asked you to buy Luna. You bought it with your own intention, didn't you?

Exchanges are a means of trading of coins, they don't dictate the fate of the coin. Binance, maybe, is too late to delist this coin but who knows, they also have no idea that this is forthcoming to Luna. I don't think the dev team will disclose to let's say for example, in binance, that they are about to exit, right? So I don't think they are involve in this. Remember, it is always your own will to invest on a coin. The exchange is just a means of it, they are not pointing a gun at you to buy a specific coin.

There's evidence that Binance has recommended stopping the network and some other things but after hours of noncompliance they decide to delist Luna it's not Binance fault they have given Luna's team to act but it took them hours to act until the supply grow further, blame Luna but never Binance, they have done what should be done.

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Quote from: nurilham on May 13, 2022, 06:03:00 PM

Quote from: rum19980 on May 13, 2022, 05:38:37 AM

Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating

What do you expect if all exchanges delist Luna? Do you want all Luna holders to have no chance to sell them again?
Anyway, those exchanges have no responsibility for the drop in crypto coin prices. They only facilitate people to trade the coins on their platforms. If there is a big drop in Luna price, you should ask Luna founder or the team. They are the ones who have the authority to explain it. But they also have no responsibility for your losses because they never asked you to buy Luna. You bought it with your own intention, didn't you?

Exchanges are a means of trading of coins, they don't dictate the fate of the coin. Binance, maybe, is too late to delist this coin but who knows, they also have no idea that this is forthcoming to Luna. I don't think the dev team will disclose to let's say for example, in binance, that they are about to exit, right? So I don't think they are involve in this. Remember, it is always your own will to invest on a coin. The exchange is just a means of it, they are not pointing a gun at you to buy a specific coin.

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