Investor Sues Korean Crypto Exchange for Delaying Coin Transfer Before Luna Crash – Exchanges Bitcoin News

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Investor Sues Korean Crypto Exchange for Delaying Coin Transfer Before Luna Crash – Exchanges Bitcoin News
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A cryptocurrency investor has sued South Korean crypto exchange Upbit after the company delayed processing his luna coin transfer prior to its crash. terra

A cryptocurrency investor has reportedly sued South Korean crypto exchange Upbit after the trading platform delayed processing his luna coin transfer prior to its crash. The Korean crypto exchange is investigating the details of the lawsuit.Dunamu Inc., the company that operates the South Korean cryptocurrency exchange Upbit, has been sued by a crypto investor, a man in his 50s, Korea Joongang Daily reported Monday.

The lawsuit filed with the Seoul Central District Court last week explains that the investor attempted to transfer 1,310 luna coins on March 24 from his Upbit crypto wallet to a wallet he owns at Binance in order to exchange the coins for Vietnamese dong. On that date, the price of LUNA, now called luna classic , was around $92.79 per coin. ItBinance notified the investor the following day that his coins had been returned due to a problem with the transfer process.

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