OKX Delists Terra’s LUNA and UST Citing Person Safety

In explaining the explanations for Binance’s suspension, Zhao initially tweeted that “an exponential quantity of recent LUNA had been minted on account of flaws within the design of the Terra protocol. A few of our customers, unaware of the big quantities of newly minted LUNA outdoors the trade, began to purchase LUNA once more, with out understanding that as quickly as deposits are allowed, the worth will seemingly crash additional. Attributable to these important dangers, we suspended buying and selling.”