Naha Investor LUNA Ieu Ngajukeun Gugatan Aksi Kelas Ngalawan Binance.URANG

By Bitcoinist - 1 year ago - Reading Time: 4 menit

Naha Investor LUNA Ieu Ngajukeun Gugatan Aksi Kelas Ngalawan Binance.URANG

Per hiji dokumén Filed 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.

Bacaan Patalina |  Binance Hits Back At Reuters, Claims Data Sharing Report With Russia Is ‘Categorically False’

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”.

Dina rasa éta, aranjeunna ngaku yén cryptocurrency sareng aset digital mangrupikeun jaminan anu henteu kadaptar sareng Komisi Sekuritas sareng Bursa AS (SEC). Aranjeunna ngadasarkeun argumen ieu kanyataan yén kasuksésan atanapi kagagalan LUNA gumantung kana pihak katilu anu terpusat, Terraform Labs (TFL), sareng ko-pangadeg sareng CEO Kwon Do-Hyung ogé katelah Do Kwon.

Gugatan kelas-aksi ngaklaim:

U ST ieu diémbarkeun jeung dijual ka investor salaku asset "aman" nu bisa dipaké pikeun earn mulih badag, kaasup dina bentuk dipikaresep. Harga masing-masing UST sareng LUNA duanana gumantung, sareng terus gumantung kana, usaha sareng kasuksésan (atanapi kagagalan) 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.URANG

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 #Ngeureunkeun ogé bakal ngidinan konsumén pikeun otomatis restake ganjaran aranjeunna nampi dina dasar mingguan, mastikeun APY tinggi ngaliwatan compounding.

Diajar deui: https://t.co/KsADN0MF1R pic.twitter.com/vmIkHmZLXH

- Binance.URANG (@BinanceURANG) Juni 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

The régulator jaminan AS geus ambigu ngeunaan posisi na on cryptocurrencies. Komisi gagal, nurutkeun aktor tangtu dina industri, nyadiakeun kajelasan légal jeung pangaturan.

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.”

Juru bicara pikeun 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 Coin (BNB).

Sajaba ti éta, hiji panalungtikan ti 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.

Tulisan Reuters kamari mangrupikeun runtah waktos sareng sumber daya. Ieu mangrupikeun anu terakhir anu kuring nyarioskeun, sareng anu terakhir tim kami bakal berinteraksi sareng panulis.

Panulis terus ngagemna salaku lencana kahormatan dina Twitter nalika potongan fiksina dipariksa kanyataan saatos anjeunna nyebarkeun.

- CZ Binance (@cz_binance) Juni 7, 2022

Bacaan Patalina | Breaking: U.S. SEC Launches Investigation Against Binance Koin (BNB)

Dina waktos nyerat, harga BNB dagang dina $225 kalayan karugian 11% dina bagan 4 jam.

Tren harga BNB nuju ka handap dina bagan 4 jam. Sumber: BNBUSDT Tradingview

sumber aslina: Bitcoinnyaeta