LUNC DAO accuses the Terra Rebels of scamming the Terra Classic community and jeopardizing Binance support.

In a tweet today, LUNC DAO, a popular Terra Luna Classic (LUNC) validator, has accused the Terra Rebels, an independent Terra Classic development group, of scamming community members with its latest funding proposal and jeopardizing Binance support.

The proposal in question saw the allocation of 937.5 million LUNC (~$150k) to the Terra Rebels for infrastructure development to make Rebel Station its Terra Station alternative independent of Terraform Labs. However, LUNC DAO says this funding has gone to community moderators and other non-technical members of the team, citing sources amongst ex-Terra Rebels members.

(By Mark Brennan)