why it's difficult for burned Luna, TerraUSD investors to seek financial recourse

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why it's difficult for burned Luna, TerraUSD investors to seek financial recourse

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20-05-2022, 10:30 PM

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why it's difficult for burned Luna, TerraUSD investors to seek financial recourse

An honorable member of the Coffee Shop Has Just Posted the Following:

Although some lawyers said that there is typically little recourse for investors in these kinds of products, some believe that it depends on whether there has been wrongdoing by stakeholders or a counter-party. This could involve, for example, any misrepresentation of what a "stablecoin" is.

Mr Shaun Leong, partner in the international arbitration and litigation team at law firm Withers KhattarWong, said that investors may consider a class action proceeding through either arbitration...

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