Online broker eToro today published a brief notice about the LUNC (Terra Classic) token.

The LUNC asset will remain in close-only mode until eToro has more clarity.

The full eToro announcement can be found below:

UPDATE LUNC

Following a notice sent by the Terra foundation, eToro moved the LUNC token (Terra Classic) to a closed state only on July 17, 2024. This action was taken due to multiple security policy violations and reduced stability on the Terra Classic network.

We understand the impact and assure you that our priority is the security and reliability of our services. The LUNC will remain in shutdown-only mode until we have more clarity.

Note: The LUNA token (LUNA2) has already been in a closed state for about two years. This happened after the Terra Foundation decided to split the original token into LUNA and LUNC.

– The eToroTeam