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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 under the Securities Act for the sale of UST and LUNA to US customers. They are looking to file within ten weeks.
Minor addendum: I used the wrong legal term here (d'oh) - the correct term for the most likely type of action being filed is 'mass arbitration', although class actions are also being considered.
Nevertheless…
As far as us normal non-lawyer folk are concerned, it's pretty much the same thing - @wassielawyer what do you think
So what’s up with CB and $wluna? Haven’t heard you really touch on CB or wluna.
@FatManTerra would really like to be informed on Coinbase’s role, and wluna, if that’s at all possible for you to say without saying too much.
@FatManTerra may I ask you. What do you wanna reach with that?
1 USD for 1 UST
Americans will just snatch some money
If you lose money that’s on you. We all know the risks. Don’t cry to a lawyer.
It’s not the same risk and the value lost is not due to typical reasons… if you’re unaffected, feel lucky and mind your own.
Please tell them about @investvoyager please
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