1/ Recently, bad actors have been capitalizing on Terra-related events by purchasing $LUNA & posting fake proposals on Station with phishing sites quoted in the link. These proposals claim to lead users to a preview of Terra 2.0 & dApps launched by us - which is not the case.
4/ If the proposal is successful, a final snapshot will be taken of the Terra Classic network at block 7790000 (2022.05.27 03:59:51+08:00), and a new network will be born.
7. We know there are different opinions in the community, we felt suspending trading is the best way to protect our users at this time. We will continue to monitor the situation closely 24/7. All actions will be announced on @binance. 🙏 - CZ