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LUNC Price Drops As Crypto.com Announced Plan To Delist LUNC
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LUNC Price Drops As Crypto.com Announced Plan To Delist LUNC

  • Leading cryptocurrency exchange Crypto.com has announced its plan to delist LUNC.
  • The price of LUNC dropped by about 10% following this news.

The Terra Luna Classic community has learned that cryptocurrency exchange Crypto.com will delist LUNC.

Following this news, the LUNC price dropped by up to 10%.

But so far Crypto. Com’s lack of an announcement led the community to speculate that the emails were likely a phishing scam that compromised customers.

The email allegedly sent to customers by the stock exchange includes the following statements:

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“Our valued customer,

Please note that Terra Classic (LUNC) will be removed from the Crypto.com App in your jurisdiction on February 15, 2024.

As a result, LUNC’s trading and deposits will be suspended on February 15, 2024.

Please take steps to sell or withdraw your LUNC by this date.

You will still be able to withdraw LUNC after you trade and deposit.

If you have questions or concerns please contact us. We’re here to help.

Best Regards, Crypto.com Team”

lunc-delist

Speaking about the issue, an official of Crypto.com said, “Such news is shared with our customers via e-mail. If you have received such an e-mail containing your anti-phishing code, this means that the information there is valid.”

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.