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Topic: Do Kwon on the run, Binance becomes the target of the LUNC community. - page 4. (Read 541 times)

hero member
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CZ surely consider the request of the community especially if there’s still a good volume for this token since Binance is having a good profit on it. Kucoin and other exchange already implemented burn feature for Lunc so Binance just follow the trend to satisfy the wish of there customers.

There’s Trillion supply for this token and burning this huge amount of supply will cost a lot to all the traders because this will have extra charge for the fee. This dumb decision by the blinded holder of Lunc because this project is already abandoned and no future.
legendary
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Interpol already issued red notice for do kwon. It seems like this guy has become interpol's new target. In my opinion if the regulators must also investigate binance or even issuing a warning to banning binance. Binance must be sanctioned along with another exchange sites that is still making any coin issued by do kwon to be traded on exchange site. I can argue that do kwon still owned some luna in his wallet and this may become a way to funded him. Binance must be sanctioned by US
hero member
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Whatever is in mind of CZ, I guess there's something that he's cooking. But I don't think that it's not just all about his concern about those folks that have lost a lot of money on LUNC.
And about Kwon, there's nowhere to go. He's got a warrant and wherever he goes, he can be arrested. I just don't know about those countries that are allowing people like him to stay and they can't turnover him if there's some sort of special protection from that country and government.
But, I guess that everybody is believing that it will be a matter of time and he'll be arrested soon.
hero member
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According to Interpol's website, Red Notices are "requests to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action."
Source

I thuoght he is currently in the custody of the South Korean legal authorities, considering he said he would always be cooperative[1] with the legal consequences. The question is, is Do Kwon still under management with Luna Classic?

A few days ago, there was a Twitter trend of the BoycottBinance hashtag by the LUNC community, urging CZ to carry out the Burn Trading Fee mechanism which was finally implemented[2]. The initiative is still questionable, whether binance is really worried about losing a number of users, the new smartcontract protocol, or cz just wants to help holder losses in the past by this mechanism.


1. https://cryptonews.com/news/where-do-kwon-terra-luna-boss-claims-hes-not-run-from-law.htm
2. https://www.binance.com/en/support/announcement/4769eab576c4479eaa14adc1eb587226
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