Crypto.com a well known crypto exchange just announced that they will reverse the LUNA trades Users that traded LUNA on May 12th, 2022, between 12:40 and 13:39 (UTC), received an incorrect price for their token. A $10 credit in CRO will be given for the inconvenience caused.
Well, rumors are crypto.com exchange will only reverse profitable trades and not the losing trades.
For example- if you bought luna for 1000$ at 0.01$ (assumption) and it went up 300% which is 0.03$ which turns around 3000$ – 2000$ in profit. They are gonna wipe that 2000$ from your account + ofcourse a “10$ CRO tokens for the Inconvenience” Read about the announcement here
Losing trades are not gonna be reversed probably as quoted by Watcher Guru on Twitter. What do you think about this, Share in the comments Below.