Investing In Luna 2.0 Is Like Sending A Scammer Money

Investing in Luna 2.0 is like sending a scammer money so he can send you your previously stolen money back.

Investing In Luna 2.0 Is Like Sending A Scammer Money

You know that classic attempt from a scammer to grab more money by asking their victims to send him more money, so he can send them their previously stolen money back?

This is exactly what the whole Luna 2.0 situation feels like. People lost millions and now they are investing in a shitcoin in the hope to get that millions back.

But there was an airdrop!? So they don’t invest?!

Yea, but in order for the coin to be worth something, other people will have to invest and put money into it, and there are people that are actively doing so. These are most likely the same people that already were invested in Luna before and want to make more gains to cover their losses.

But they are gonna lose all of it. And there are already people celebrating the new blockchain by making claims like biggest airdrop ever or most decentralized blockchain etc. People will never learn…

PeckShield – blockchain security and data analytics company – has identified scammers sending so-called “Wrapped LUNA 2.0” tokens to high profile Ethereum addresses. The ploy is meant to imitate the actual LUNA re-launch airdrop taking place.

LUNA 2.0 it is scam!

Investing In Luna 2.0 Is Like Sending A Scammer Money

The network’s native token will be LUNA 2.0, while the current LUNA will be called LUNA Classic and will remain on the collapsed blockchain.

Users who own the previous LUNA and UST will be eligible for an airdrop of the new cryptocurrency, with the amount received ranging in proportion to whether they owned the assets before or after the crash.

Source: https://www.reddit.com/r/CryptoCurrency/comments/v378h0/investing_in_luna_20_is_like_sending_a_scammer/
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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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