Crypto investors sue Binance US over marketing Terra’s UST as ‘safe’
Investors are suing Binance US, alleging illegal business practices, deceptive marketing, and fradulent claims that LUNA/UST were “safe.”
Investors are suing Binance US, alleging illegal business practices, deceptive marketing, and fradulent claims that LUNA/UST were “safe.”
Celsius once had $28.6 billion in assets under management. This weekend, it suspended withdrawals indefinitely.
The UST co-founder was accused of siphoning off $2.7 billion in 33 monthly withdrawals of $80 million each.
Virgin Media CEO Richard Branson said he’s sent lawyers to confront social media platforms over fake Branson crypto scams.
Rumors of Celsius insolvency circulated over the weekend. Now, it’s gone into full HODL mode… but it’s still advertising 18.6% yields.