Binance burns $1.9M LUNC tokens
FatMan Terra described the burn idea has "absurd," saying a developer team could have been hired "to build a suite of useful products/tools instead."

Tracking Terra’s collapse, ongoing legal fallout, and its impact on the broader digital asset landscape.
Kwon said he "found nothing" when questioned about Interpol’s red notice alert.
Binance said the previously discussed opt-in button didn't make the LUNC holders happy, so it decided to implement LUNC tax burn on trading.
Interpol has issued a red warrant for Do Kwon following South Korea's request, obligating law enforcement worldwide to locate and arrest him.
South Korean prosecutors have requested the cancellation of Kwon's South Korean passport because he was "on the run" and uncooperative.
Kwon’s arrest warrant is valid for one year and prosecutors are willing to try different tactics to bring to book.
Terra Luna Classic will add a 1.2% tax on all on-chain transactions but Binance will not apply the tax to spot or margin trades