NEW token listed on Kraken: #LUNA2
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blog.kraken.com/post/14142/ter
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Client demand. There’s a weird dynamic with exchanges. Switching cost is low and people tend to want to do everything all in one place for capital efficiency/synergies/convenience. Not supporting 1 coin people demand could cost you the entire account. Listing isn’t an endorsement
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I get what you're saying, but given the clear risk to your customers of engaging with these proven scammers I think it's the wrong call
Do Kwon et al should not enjoy the support of credible exchanges
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Is there evidence of a scam? Seemed more like incompetence, hubris. A lot of smart, successful people were in it and even they got burned. All assets have risk, which is why markets and price discovery are so important. I expect LUNA2 to take steep penalties on price due to risk.
You may have a point there legally. I'm not sure it can be argued in court that they knowingly scammed tokenholders - but to a lower threshold it can certainly be argued that their tokenomics were unviable, the network was doomed to implode, and Kwon must/should have known this
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So based on negligence alone I don't believe Kwon should be facilitated. He benefits from Luna2 being given legitimacy
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There is evidence of a scam in your market manipulation of BSV.
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