BNB spikes 33% in 24 hours as crypto market starts to recover

By    20 May,2022

His advice to the crew was to restore the Terra network, burn additional minted LUNA and return to UST hookups. He received no response, so CZ tweeted that he was very unhappy with the way they were "handling (or not handling)" the issue.

Therefore, in order to protect consumers, Cryptocurrency chose to ban LUNA and UST trading.

He mentioned that some Cryptocurrency traders were eager to "buy low" on LUNA because the deposits were authorized at the time. CZ emphasized that they did not know they were buying newly minted LUNA.

He also revealed that Cryptocurrency usually seeks to support troubled crypto projects, rather than condemn them. And CZ was forced to break that rule this time.




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