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.
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Replying to @FatManTerra
when you became FatManTerra did you anticipate blaming exchanges for listing the product? Neutral on the topic, but just saying it's captain hindsight when thousands of projects apply for listing, don't know what will implode vs. thrive...whole market caught offsides
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Replying to @g_moni811
I didn't consider that angle at first, but as hundreds of people started sharing misrepresentations it became a bit more clear to me that some exchanges were quite irresponsible with their promises and disclosures (or lack thereof)
12:32 PM - 25 May 2022
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