A Terra insider calling themselves “FatMan” claimed on Thursday that top crypto exchanges including Binance, Gemini, Kraken, and Coinbase could face a lawsuit under the Securities Act for the sale of UST and LUNA in the U.S. In fact, the situation remains critical as UST and LUNA collapse caused investors across the world to lose billions. Despite releasing the Terra 2.0 Revival Plan, Terra founder Do Kwon and Terraform Labs are under government investigations or facing lawsuits in South Korea.
Top Crypto Exchanges Could Face Lawsuits in the U.S.
Terra insider FatMan announced in a tweet on May 26 that a top law firm in the U.S. is preparing for a mass arbitration lawsuit against Binance, Gemini, Kraken, and Coinbase. The crypto exchanges could be alleged under the Securities Act for selling UST and LUNA to U.S. customers.
“I have received word from a verified source at a top law firm in the US that class actions are being prepared against Binance, Gemini, Kraken, and Coinbase
We współpracy z: https://coingape.com/top-u-s-crypto-exchanges-to-face-lawsuit-over-terra-crash-says-insider/
