Binance Is Being Sued For The Not-So-Stable Stablecoin Terra USD

For advertising TerraUSD as “safe” given its dollar peg, Binance is being sued by an American investor following the stablecoin’s downfall in May 2022. Utah resident Jeffrey Lockhart named the crypto exchange and its CEO Brian Shroder defendants in his class-action suit. He claims that Binance endorsed the safety of the stablecoin despite it being … Continue reading Binance Is Being Sued For The Not-So-Stable Stablecoin Terra USD