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@tdub285
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@jeffeleffe Wrapped Luna (WLUNA) is an Ethereum token that’s intended to represent Terra (LUNA) on the Ethereum blockchain. WLUNA will track the current version of LUNA. You can also refer to this article for further information: https://t.co/BoiPV3aF6v ^AC
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@Robertttstyle @coinbase One random part of discovery id like to find out...did they communicate with Waka Flaka about $wLUNA??? Lol he was posting, then stopped and started shilling base. What happened there?
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@TXGabagool We arent. Coinbase seems to be naked short selling it without actually having the coins. Massive shortsqueeze Gamestop Style could bankrupt Coinbase. Watch the volume of $WLUNA on Coinbase, occasionally a 5000M or 1T WLUNA order comes in to suppress the price.
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Because Judge Rakoff ruled that WLUNA is a security (SEC v. Terraform Labs), Coinbase acted not merely as a wallet provider, but as a Securities Intermediary under UCC Article 8, holding assets in "street name" for us as Entitlement Holders. This designation imposed strict
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(5/8) Here’s why… $Luna launched Terra 2.0 and it began trading under the same string of code “LUNA,” meanwhile the immutable nature of the ERC20 is only able to recognize the exact corresponding asset. A .0001¢ token seen as $10. Hmm. Exchanges even need to use the same chart:
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$wluna @coinbase
Jim Chanos explains how Coinbase's $COIN predatory business model makes it an appealing short:
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Post missing from wLUNA latest search results, add it to the things that make you go hmmmm board. $wLUNA = $LUNA
It was the spring of '22, and this town was drunk on digital hope. I saw portfolios bloated like a drowned corpse—seven hundred million here, forty-five million there—all just flickering pixels on a screen. They were pushing this 'Wrapped Luna' racket, while grinning for the
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It was the spring of '22, and this town was drunk on digital hope. I saw portfolios bloated like a drowned corpse—seven hundred million here, forty-five million there—all just flickering pixels on a screen. They were pushing this 'Wrapped Luna' racket, while grinning for the
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@coinbase / @CoinbaseSupport Can you clarify this now that you want to be a hub for tokenization? Or should we just wait a couple weeks for discovery? Either way. $wLUNA = $LUNA
@jeffeleffe Wrapped Luna (WLUNA) is an Ethereum token that’s intended to represent Terra (LUNA) on the Ethereum blockchain. WLUNA will track the current version of LUNA. You can also refer to this article for further information: https://t.co/BoiPV3aF6v ^AC
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@brian_armstrong Riddle me this. Why wouldn't @coinbase allow me to sell my $WLUNA on this day? Also, why is it still "suspended"? Was I robbed?
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#wluna fam, Coinbase update November 25: "wluna" price €12. Coinbase update December 17: "wluna" dotted line €12 😏
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Everything broken we see with $wLUNA is due parties involved not wanting to address that when $LUNA changed what it is, #wLUNA changed what it is. No need to launch anything new, it just did what it was written to do, follow native Terra LUNA. There has been ZERO communication
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