lifts user ban, duplicates 30-40 x erroneous LUNA transactions

Crypto.com was one of the few crypto exchanges to keep LUNA businesses open, as Terra’s death cycle saw the irreversible fall in prices of LUNA and stablecoin UST. However, a technical glitch on the Crypto.com mobile app has allowed users to temporarily miss out on a 30-40 x profit on LUNA trading.

On Friday, Crypto.com banned users from trading, citing incorrect prices for LUNA due to some errors in the internal platform. Crypto.com CEO Chris Marszaleck has revealed details of a crash that could cause users to make huge profits, as Crypto Twitter began to worry about changes in its trading platform.

According to Marszaleck, users in those “59 minutes” were eligible for LUN tokens, which fell to $ 0.0004685 at the time of writing. It should be noted that LNA gained its maximum market capitalization on April 5 to $ 120.

Marszalek says:

The main cause was a combination of several external factors (the Luna death rotation, the release and the cessation of the Luna chain as a whole) brought together price fluctuations, which should normally be indexed, but they were not.

After a one-day review of LUNA’s business turmoil, Marszalek announced that “all user accounts have been reactivated.”

Although Crypto.com changed LUNA transactions, the company offered a $ 10 in-house Cronos (CRO) as a voluntary mark for affected investors.

Related Terra blockchain has officially stopped following the collapse of LUNA

With the price of LUNA falling more than 99%, Terra Blockchain Verifier has officially shut down its network to prevent administrative attacks.

The certificates are expected to restart the network only after a new patch has been applied to disable additional delegations.

 

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