Binance CEO criticizes UST/Luna owners

In a new series of Binance/status/1 525 060 775 391 510 528">tweets, Changpeng Zhao has expressed his thoughts on the team behind UST and LUNA.

«Usually, Binance refrains from commenting on other projects, but this time I’m going to break the rule. I am disappointed with the way the Terra team handled (or didn’t handle) the UST/LUNA incident. We have asked the team to restore the network, burn the extra LUNAs, and return the UST binding. So far, we have received neither a positive response nor any concrete reaction at all. This is completely different from the approach of the Axie Infinity team, which took responsibility, presented a plan, and actively communicated with us. And we helped,» the Binance CEO wrote.

At the moment, trading in these cryptocurrencies has been suspended. OKX Bitcoin Exchange has also suspended operations and removed from the trading list perpetual contracts and margin trading of LUNA and the DeFi tokens Anchor and Mirror associated with the Terra ecosystem.