Binance Hit With Investor Suit Over Terra Stablecoin Collapse

By Katryna Perera (June 13, 2022, 10:02 PM EDT) -- Cryptocurrency exchange Binance was hit with a proposed class action in California federal court on Monday claiming the company misrepresented the stability of "algorithmic stablecoin" TerraUSD and that it failed to protect investors by offering the now-collapsed stablecoin on its platform. ...

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