LUNC - Rugpull -99%, LUNA Scam2.0 💀

11 Jul 2022

Hi Traders, Investors and Speculators

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.

Unsurprisingly, the newly released LUNCUSDT / LUNAUSDT 2.0 seems to have been exit liquidity . Just a few months ago, LUNAUSDT was trading north of $80 a token. Then Terraform changed the name after its catastrophic collapse. Now they did it again, and pulled the rug out under investors (again). This has not gone unnoticed - the SEC government officials are investigating the Luna Terra case. Hacktivist group Anonymous has vowed to bring Do Kown's crimes to light, founder of LUNAUSDT . South Korea and the US agreed to share investigation data on LUNA and UST .

Link to early warning :

We sincerely hope that you did not get rug-pulled 🙌 Crypto markets are still in its infancy with regards to regulations and unfortunately, these are the risks that you have to be aware of.

Otherwise, I expect this week to be a red week across the markets. Short term corrective buying pressure has mostly run out (dead cat bounces).


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