April 26, 2024

Russian Binance Users May Be Excluded from Terra 2.0 LUNA Airdrop

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Russian Binance Users May Be Excluded from Terra 2.0 LUNA Airdrop

Binance cryptocurrency exchangeannounced support for the rebranding of the Terra network into the Terra Classic network and the Terra 2.0 LUNA airdrop program, however, Russian users of the exchange may be excluded from it.

Binance said it will distributenew LUNA coins to eligible user accounts in accordance with the approved distribution plan. The specific distribution ratio will be announced to exchange users at a later date.

However, US citizens, legal entities andRegions under trade or economic sanctions will not be able to participate in the airdrop. This definition by the exchange caused concern among holders of LUNA coins from the Russian segment.

In particular, the response to a request from an English-speakingtechnical support about the possible participation of Russian citizens in the Terra 2.0 LUNA airdrop was negative. At the same time, the answer from the Russian-speaking support suggested the opposite.

Let us remind you that over the past two months, Binance has blocked several accounts belonging to relatives of members of the Russian government.