He aha te take i tukuna ai e enei kaipakihi moni a LUNA he whakawa mo te karaehe Binance.US

By Bitcoinist - 1 tau ki muri - Wā Pānui: 4 meneti

He aha te take i tukuna ai e enei kaipakihi moni a LUNA he whakawa mo te karaehe Binance.US

Mo tetahi tuhinga ka tohua with the U.S. District Court of Northern District of California, Binance.US users want compensation for their LUNA-UST investments. The lawsuit has been filed as a class action in the United States against Binance.US and its CEO Brian Shroder.

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The plaintiff claims that Binance.US has failed to “abide by U.S. federal” and securities regulations. They claimed that the exchange platform offered UST, Terra Classic algorithmic stablecoin, and LUNA now dubbed LUNC as a “safe investment”.

I roto i taua tikanga, i kii ratou ko te moni crypto me nga rawa mamati he putea kore-rehita me te US Securities and Exchange Commission (SEC). I whakatauhia e ratou tenei tohenga i runga i te mea ko te angitu me te kore o LUNA i whakawhirinaki ki tetahi roopu tuatoru, ko Terraform Labs (TFL), me tana kaiwhakarewa me te Kaiwhakahaere Matua a Kwon Do-Hyung e mohiotia ana ko Do Kwon.

E kii ana te tohe a-akomanga:

I panuitia a U ST ka hokona ki nga kaipupuri moni hei taonga "haumaru" ka taea te whakamahi ki te whiwhi moni nui, tae atu ki te ahua o te huamoni. Ko nga utu o te UST me te LUNA i whakawhirinaki ki runga, me te whakawhirinaki tonu ki runga i nga mahi me te angitu (he kore ranei) o TFL.

As seen below, the plaintiffs presented a recent Binance.US advertisement as evidence. In this picture, the exchange promotes its UST staking product with a 19.63% annual percentage reward (APR) followed by a “High Yield, Safe, and Happy Earn”.

Source: Class action document against Binance.US

However, the advertisement seems to be from Binance, Binance.US’s parent company. The U.S.-based platform has tried to differentiate itself from the global exchange. These efforts have translated to their brand and marketing campaigns, as seen below.

https://t.co/AZwoBOgsqS # Tuuturu ka tuku ano i nga kaihoko ki te whakahoki aunoa i nga utu ka whakawhiwhia ki a ratou ia wiki, me te whakapumau i te APY teitei ma te whakahuihui.

Ako atu: https://t.co/KsADN0MF1R pic.twitter.com/vmIkHmZLXH

- Binance.US (@BinanceUS) June 7, 2022

Despite the above, the plaintiffs claimed that the U.S.-based exchange allegedly failed its users when promoting its products:

Despite enjoying those fantastic profits, Binance U.S. plainly failed to comply with federal and state securities laws. Binance U.S. failed to disclose that UST is in fact a security, and that it is selling these securities, even though (i) there is no registration statement in effect for them (…).

The LUNA Aftermath, Binance Under Public Scrutiny

Ko te kaiwhakahaere haumarutanga o te US kua rangirua mo tana tuunga mo nga moni crypto. I rahua te Komihana, e ai ki etahi kaiwhakaari o te umanga, ki te whakamarama i te ture me te ture.

In step, it has engaged in legal battles with some of the actors in the crypto industry, including Binance.US and the LUNA’s Do Kwon. The class action claims:

Binance U.S.’s failure to comply with the securities laws, and its false advertisements of UST, have led to disastrous consequences for Binance U.S.’s customers: in May 2022, in the span of just a few days, UST lost essentially all its value—a loss of approximately $18 billion. Investors who purchased UST on Binance U.S. were wiped out, learning quickly that, contrary to Binance U.S.’s advertisements, UST was not “safe,” “stable,” or “fiat-backed.”

He kaikorero mo Binance.US told Bitcoinist the following regarding the class action and its accusations:

Binance.US is registered by FinCEN and adheres to all applicable regulations. These assertions are without merit and we will defend ourselves vigorously.

The exchange has experienced a lot of scrutiny in past days as it faces an SEC investigation related to the alleged sales of an unregistered security, as mentioned, their native token Binance Moni (BNB).

I tua atu, he whakatewhatewha mai i Reuters claims that Binance has been used as a platform to allegedly launder money, and support a drug operation in Russia. Binance’s CEO Changpeng Zhao dismissed the accusations.

The Reuters article yesterday is a huge waste of time and resources. This is the last I'll say on it, and the last our team will interact with the writer.

Ka mau tonu te kaituhi hei tohu honore i runga i a Twitter ina ka tirohia ana korero pakiwaitara i muri i tana whakaputanga.

- CZ Binance (@cz_binance) June 7, 2022

Panui Whai | Whatiwhati: Ko te US SEC te whakarewa i te Investigation Against Binance Moni (BNB)

I te wa e tuhi ana, ko nga utu hokohoko a BNB i te $225 me te 11% te ngaro i runga i te tūtohi 4-haora.

Ko nga utu o te BNB kei te heke iho i runga i te tūtohi 4-haora. Puna: BNBUSDT Tradingview

Kuputuhi taketake: Bitcoinko