NEWS
2022.05.16
99% Collapse of Luna Coin.. Finance Specialized Attorney Explains Damage Relief
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Lawyer
99% plummet of Korea coins “Luna” and “Terra” is becoming a hot issue within the cryptocurrency industry. On May 13th, virtual asset exchange Binance eventually delisted Luna. Discussions are active on whether trading algorithms of Luna and Terra should be considered as Ponzi schemes. Partner attorney Sangjin Cha prospected that “if the coin business operation is considered a pyramid selling, it would violate the Act on Door-To-Door Sales. In such case, the CEO of Terraform Labs will have to face legal penalties.” [LawTV 2022.05.13.]
URL: 99% Collapse of Luna Coin.. Finance Specialized Attorney Explains Damage Relief
