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Binance Leveraged Tokens (Advisory Notice) – May 22, 2021 12:00 EST

Binance

Cryptocoins Exchanges / Binance 323 Views

(This is an independent community notice)

Things You Should Do Now:

From May 18th-20th, 2021 Binance Leveraged Tokens (BLVTs) became defective due to volatile market conditions stipulating from market capitulation. Binance users who held BLVTs during the May 20th, 2021 “Suspension Period” (Maintenance Period) are entitled to the following:

A. Claim of Compensation by Binancehttps://www.binance.com/en/compensation-claim

And tentatively,

B. Independent Claim of CompensationBinance Lawsuit – [Binance_[email protected]](mailto:[email protected])

Conditions:

(To read the full notice of conditions please click here.)

1 – Binance users who filed a claim of compensation to Binance, are recommended to file an additional Independent Claim of Compensation (above B.) if the compensation amount received was an amount less than 90 percent of the claimable compensation amount.

2 – All Binance users reserves the right to ‘reject’ the offer, and request for additional settlement.

3 – To calculate your total compensation amount you are entitled to, please see the post here.

4 – Binance Community Moderators are recommended to not remove this post. The removal of this post may be a form of client deterrence (preventing clients from receiving their appropriate entitlement and disadvantaging the client from their benefit).

5 - Should the litigation proceed, the removal of this post by Binance Community Moderators may be a violation of the fair trial process (obstruction of justice), and may be used against Binance in the European, US, Canadian, U.K., and Australian Court of Law.

submitted by /u/eastwave713
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