The biggest cryptocurrency exchange in the World, Binance have announced the commencement of a recovery plan for for luna investors.
In what the organisation called ‘ Rebirth Terra Network’, the Bitcoin exchange stated that:
The Terra community just passed a vote to ‘Rebirth Terra Network’.
We are working closely with the Terra team on the recovery plan, aiming to provide impacted users on Binance with the best possible treatment. Stay tuned for further updates.
Glareinfo reports this might be the best news for Binance luna investors who lost their life-savings in May 2022 after wrong Blockchain algorithm led to increase in luna supply.
Many nearly lost their lives as over 10 billion dollars of investors money were lost in few days.
Luna reached above 100 dollars only to crash to zero within a few days.
