@iampaulgrewal@RVanGrack Hey Ryan , since paul hasn't lifted a finger to help out their customers, how about you come in and clean up the mess of $wluna? We just want a fair settlement. Btw , we didnt buy $lunc despite what @coinbase tries to push
@iampaulgrewal Gotta appreciate the building up of @coinbase , but why dont you build up the $wluna customers bank accounts? Theres still time to fairly compensate them.
@brian_armstrong Find good people around you eh? How about you try being a good person and do whats right for all the $wluna holders youve put off for years now.
@iampaulgrewal You talking about $wluna and how @coinbase@brian_armstrong will compensate us fairly? Yall sold us $wluna = $luna , now pay us for what you sold us. We never bought "wrapped lunc" . Can't yall be honest and own up instead of trying to worm your way out of it.
@iampaulgrewal@coinbase@brian_armstrong OH, Paul, you forgot #4. Have a fair settlement with all the $wluna presuspension people in 2026. This world is full of groups that try to get over on the average "Joe". Don't be just another company that trys to sweep things under the rug. People are watching .
@brian_armstrong@mert Brian could earn some trust back by finally settling with the $wluna customers.Who wants to trust an exchange doing shady business like they've done w $wluna Who wants to be scammed? Do business with @coinbase and you might find out!! Maybe look at @RobinhoodApp and invest? Hmmm
@Cointelegraph@brian_armstrong 2026 outline should include how he's / @coinbase is gonna compensate all the $wluna holders. You've made them wait almost 4 years. Customer service? Restore some trust? There's many ways to run a business, the way youve handled this isnt acceptable Brian.
@brian_armstrong@RickRubin Brian, don't you get tired of people asking about wluna?You've probably put that word on mute, so when someone talks wluna,you never get the messages. Smart if you're hiding/trying not to be accountable.Just pay the people already and everyone can move on. Rick, Brian's a scammer
@iampaulgrewal The worst of humanity? Contact @brian_armstrong and ask him about $wluna and how @coinbase is cheating those investors. Pretty pathetic yall can't even square up and pay whats due. We were sold $wluna : $luna fair and square. Not $lunc / classic or whatever scam yall pushing.
@brian_armstrong How about you enable my 15 million plus $wluna bag??? Can @CoinbaseSupport start the withdrawal process?Thanks @brian_armstrong ,much appreciated for helping solve this long drawn out debacle. Looking forward to retirement and a long vacation,your even invited, no hard feelings.
Because Judge Rakoff ruled that WLUNA is a security (SEC v. Terraform Labs), Coinbase acted not merely as a wallet provider, but as a Securities Intermediary under UCC Article 8, holding assets in "street name" for us as Entitlement Holders.
This designation imposed strict statutory duties that Coinbase violated in two distinct ways: first, under UCC § 8-504 (Duty to Maintain Financial Asset), they failed to execute the Mandatory Corporate Action defined by the issuer—the network migration to LUNA 2.0—thereby leaving holders trapped in a deprecated "shell" asset rather than the live asset they were legally owed; and second, under UCC § 8-505 (Duty to Obtain Distributions), they failed to secure and pass on the LUNA 2.0 airdrop which they received as custodian.
By refusing to honor these duties and retaining the benefits of the new chain, Coinbase committed Conversion and Breach of Fiduciary Duty, entitling plaintiffs to Specific Performance, Disgorgement of all ill-gotten staking rewards, and monetary damages calculated under the Highest Intermediate Value (HIVE) Rule—fixing the liability at the asset's peak price (~$25) immediately following the breach, rather than its current value.
$wLUNA = $LUNA
...but pre-suspension CEX held wLUNA =
- Base Liability (HIVE Rule): ~$25 (LUNA 2.0 Peak)
- Statutory Interest: +9% per year
- Punitive Damages: x2 Multiplier
Estimated Range: $35 - $65 per $WLUNA (Or perhaps our original tax records of $80+?)
"No comment" ending soon.