Crypto.com confirms the decoration of Terra Luna Classic (Lunc).

• cryptocom confirms the decoration of Terra Luna Classic (Lunc).
• Terra Luna Classic (Lunc) records a drop in prices of 13 %.
• According to the emails received by investors, the stock exchange will take the coin from the stock exchange on February 15th.

In a sudden turn of the events, the Terra Luna Classic (LUNC) community fights with uncertainty after Crypto.com has confirmed its delusion. The news triggered shock waves through the market and led to a break-in of LunC prices by 13 %.

investors received emails about delisting, in which concerns about the legitimacy of the information and possible phishing fraud were expressed. In the middle of this turmoil, Crypto.com recognized the validity of the news and made the community eagerly awaited for official announcements.

Terra Luna Classic community in turmoil

The LUNC delisting takes place a few hours after Terraform Labs has applied for insolvency protection in accordance with Chapter 11, and the subsequent lunc price has heated a dilemma among the owners that are torn between the sale of their stocks and the waiting for the official confirmation of Crypto.com.

Lunc price diagram

However, the concerns about phishing fraud have also increased, since there was no official announcement on the website or the social media channels of the stock exchange.

Despite inquiries from the Terra Luna Classic Community, the answer from Crypto.com left many questions to the delisting confirmation. The stock exchange recognized the news as valid, but only provided limited details and left investors in the unclear about the extent of the effects and the jurisdiction concerned. The lack of an official announcement on the official channels of Crypto.com has increased the fear, uncertainty and doubt (FUD) in connection with the Lunc and Luna prices. Investors are now eagerly awaiting a clear communication of the executives of the stock exchange.

Although it is assumed that the application for insolvency protection in Delaware by Terraform Labs, which is connected to Terra Classic, still tightens the complexity, the company expresses its determination to continue working at its goals and at the same time overcome legal hurdles.

Nevertheless, the general sale on the market further exacerbates the challenges for Terra Luna Classic and raises questions about the future of the project in a dynamic and challenging environment.