Binance Involved in LUNA SCAM - page 3.

nurilham

sr. member

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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

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?

Bitcoin_Arena

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Never seen such an ignorant trader like OP before.

Let say Binance delisted LUNA immediately, How were you going to trade it off for USDT or even transfer it out of the exchange? Roll Eyes

Exchange literary warn us every day through terms of service and announcements about the risks involved in trading. I guess you don't even know this

Here is an example - https://www.binance.com/en/support/announcement/961f8f97cfa647afb572db4d2c4bce0c

Quote

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Open your eyes next time. The exchange is not going to make for decisions on what to trade and what not to trade.

arifteguhr

sr. member

Activity: 1246

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Quote from: D ltr on May 13, 2022, 11:28:26 AM

hello, binance doesn't want all of this to happen buddy, look at twitter binance has removed LUNA and UST from their trading list, are you still healthy in blaming binance it's never too late to delete the list I think
all risks are on the individual

It would be inappropriate to blame the exchange for the decline of a coin, because the exchange was not involved and unrelated to the developments taking place in the project, so blaming binance is the wrong decision as Luna is still actively traded on other exchanges.

Samurai trieng

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In my opinion Binance and other exchanges are not responsible in trading LUNA on their platform, the exchange is the place where the token buying and selling process takes place, the LUNA development team should be able to provide clarification on the problems that are being experienced, so that these token users are not disappointed with what is happening happened this time, I think the OP was disappointed by losing their money on LUNA, so they took it to binance.

D ltr

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hello, binance doesn't want all of this to happen buddy, look at twitter binance has removed LUNA and UST from their trading list, are you still healthy in blaming binance it's never too late to delete the list I think
all risks are on the individual

lombok

sr. member

Activity: 882

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Quote from: lornadane on May 13, 2022, 09:47:22 AM

Quote from: erep on May 13, 2022, 09:41:24 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

Traders are very disappointed that binance didn't immediately delist for Luna when a more than 100% plunge occurred (I know binance doesn't record a drop if it's more than 100%), as the biggest exchanges they should have been firm from the start to warn of an "alert" status for Luna trading , but all that has happened has harmed many investors/traders and hopefully it will be an experience for the future.

That's why now many Luna investors are losing their money.
Especially for those who bought without even feeling the slightest profit now they have to lose their money.
In fact, if Binance had given an early warning, maybe until now not too many of them have lost their money.

To carry out an early warning requires a lot of consideration and research in advance regarding the coin and the project, and it will also take a long time. While Binance is an exchange that has a large list of coins, not just LUNA, it's highly unlikely that Binance will focus on LUNA alone. Not only Binance, I think other exchanges are like this too. Besides that, the price crash and the problems that occurred in LUNA/terra also coincided with the fall in the price of BTC and altcoins where many fell by more than 50 percent.

It should be the investors themselves who must understand and be aware before investing, or if they have invested, at least they know and update the news about LUNA, so that if something bad happens, the investor is able to take precautions regarding their investment.

pawanjain

hero member

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Nothing lasts forever

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

What do you think Binance is supposed to do ?
If Binance stops the trading and delist the coin immediately then how would the other users be able to sell their coins ?
If Binance would have delisted the coin right away then it would have caused a huge disaster.
The users would be furious towards Binance for not allowing them to sell while the coin was dumping.

coin-investor

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Leading Crypto Sports Betting & Casino Platform

It seems OP is not properly educated on how to invest properly and what is the role of the exchange and getting updates on scenarios like this, you should follow the Twitter handle of Binance to get the complete picture, if Binance has not done anything then we can conclude that they are helping Luna to get away with what they are doing, but I have seen Binance chief series of tweets and they do delist Luna after they failed to get a response from the team.

jrrsparkles

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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

Exchanges are not responsible for price drops, only traders are making the trade orders and deciding the price and exchanges will delist coins on two occasions the first one is when the government force them to do and the second is when the coin didn't have enough trading volume for a while. So don't blame the exchanges because they never know what the project team is doing with the supply in no time.

aioc

hero member

Activity: 2926

Merit: 567

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

Maestro75

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The worry is about how Binance handled the situation and that makes me begin to think Binance is hiding something. It may not be scam in the sense of it but there is something wrong with that just happened. Why block withdrawal if you feel that something is worthless or a scam. Binance should at least allow traders withdraw their tokens. Luna is not listed on Binance alone, it has many other listings and traders should be able to do with their Luna what they want with it instead of the tokens remaining in Binance.

crypto-project

jr. member

Activity: 146

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Actually Binance and other exchanges do not have any responsibility for LUNA trading. They delisted for LUNA because this token has no value now. Why keep trading open for tokens that clearly have no value? but if LUNA comes back with something new and a real solution to this problem, it's possible that Binance and other exchanges will list this token again.

bitbollo

legendary

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Nec Recisa Recedit

There is not an issue made by exchanges since they decide to list a particular token or to delist at a certain point.
Removing it would still have eliminated the possibility of selling / buying the token therefore technically killing any hope of revaluation. Unfortunately this is not the first stable coin that collapses and should make everyone think about the nature of these coins ...

cabron

hero member

Activity: 2800

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https://www.betcoin.ag

In that case they are not directly involve in this manipulation. But is just not delisting it. I think LUNA still is listed on FTX as said in the article of cointelegraph. Not delisting Luna while in the heat of that massive dumping I think helped the holders save their money from getting into the point of zero. I'm positive they are grateful for not delisting Luna and even the UST.

cdog

hero member

Activity: 1036

Merit: 500

Quote from: Rupok on May 13, 2022, 08:14:08 AM

I don't know about this and i don't believe this.This is the first time I've heard.I think you made a mistake which is why you are blaming the Bnb.Do you have any such evidence?.You can say details.Everyone makes such mistakes.But you can't specifically blame anyone.Binance and other exchange has no responsibility for what happened to Luna and it's totally different type.

I think traders should be wise about the Luna coin decline, because the Binance exchange only has the right to provide trades but not guarantee profits from the traded coins, so it would be very bad if someone implicates the Binance exchange from the tragedy of the crash on the Luna coin price.

lornadane

full member

Activity: 529

Merit: 101

Quote from: erep on May 13, 2022, 09:41:24 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

Traders are very disappointed that binance didn't immediately delist for Luna when a more than 100% plunge occurred (I know binance doesn't record a drop if it's more than 100%), as the biggest exchanges they should have been firm from the start to warn of an "alert" status for Luna trading , but all that has happened has harmed many investors/traders and hopefully it will be an experience for the future.

That's why now many Luna investors are losing their money.
Especially for those who bought without even feeling the slightest profit now they have to lose their money.
In fact, if Binance had given an early warning, maybe until now not too many of them have lost their money.

erep

hero member

Activity: 2282

Merit: 589

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

Traders are very disappointed that binance didn't immediately delist for Luna when a more than 100% plunge occurred (I know binance doesn't record a drop if it's more than 100%), as the biggest exchanges they should have been firm from the start to warn of an "alert" status for Luna trading , but all that has happened has harmed many investors/traders and hopefully it will be an experience for the future.

MonsterV

legendary

Activity: 2212

Merit: 1008

Quote from: robelneo on May 13, 2022, 08:31:42 AM

People should be aware of what's happening in their portfolio if these Luna holders are fully aware they will cancel their order or do not buy the dip hoping for a resurgence because it is listed on Binance, never trust where it is listed but on issues confronting coins that you're holding, you don't do action them blame others for the action you take.
When buying you should be on your own and for your reference check this tweet from Binance
https://twitter.com/cz_binance/status/1525060775391510529

Exactly. I don’t believe that the crash happened was because it is a scam act, but more like a consequence of how the people acted when it is seen to be going down, that’s why it has hit rock bottom now. The exchanges are not accountable for something that is caused due to the movement of the market like this one.

robelneo

legendary

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Quote from: noorman0 on May 13, 2022, 07:40:27 AM

Bro, do you do your research before buying anything? Your previous post history asks for opinions on the ANC/BTC pair.

Quote from: rum19980 on May 09, 2022, 11:59:49 AM

Hi guys do you think ANC good to invest at 3500 sat you think it can reach 15k sat again ? a

https://www.binance.com/en/trade/ANC_BTC

If my assumptions are correct, you have dipped yourself in the risk of buying tokens on the verge of collapse and hoping it will recover.
And now you blame the exchanges that listed it? Roll Eyes

I hope your psyche is still fine.

People should be aware of what's happening in their portfolio if these Luna holders are fully aware they will cancel their order or do not buy the dip hoping for a resurgence because it is listed on Binance, never trust where it is listed but on issues confronting coins that you're holding, you don't do action them blame others for the action you take.
When buying you should be on your own and for your reference check this tweet from Binance

https://twitter.com/cz_binance/status/1525060775391510529

Quote

5. I am very disappointed with how this UST/LUNA incident was handled (or not handled) by the Terra team. We requested their team to restore the network, burn the extra minted LUNA, and recover the UST peg. So far, we have not gotten any positive response, or much response at all

Quote

6. (This is in sharp contrast to Axie Infinity, where the team took accountability, had a plan, and were communicating with us proactively. And we helped.)

Rupok

full member

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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 know about this and i don't believe this.This is the first time I've heard.I think you made a mistake which is why you are blaming the Bnb.Do you have any such evidence?.You can say details.Everyone makes such mistakes.But you can't specifically blame anyone.Binance and other exchange has no responsibility for what happened to Luna and it's totally different type.

Topic: Binance Involved in LUNA SCAM - page 3. (Read 540 times)