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Why FUD so much? I have seen a lot of

fake information going around, and a lot of people seem not to understand everything 100%

To put things in perspective just a bit, i am involved in local (my country) crypto matters more or less, have been connected with some people in crypto from both dev side to legislation side.

First of all SEC is not going after Binance, it is going after Binance.US. That's like a franchise of Binance to explain it easily. Global Binance is not effected.

They already left Canada and nothing happened. People in US mostly use VPN or Binance cloud based exchanges. If Binance.US gets shut down Binance Global will work normaly.

Illuvium is Ethan based project with Immutable X support (layer 2). Illuvium has nothing to do with Binance. Being probably the biggest project in Web3 gaming right now with secured financing from all the activities so far they have a good foundation for future development.
What is the so called emergency? I do not understand.

Also, guys here (admins) are doing best to keep everything in check, why do you make their job harder then it should be? They already have bunch of bots and fake accounts stalling on people to promote "investment plans".

DYOR number one thing for everyone. Not buying FUD, no WAGMI or moon boys hype.
Team releases info constantly, on YouTube, Twitter, Discord. Everything seems transparent and in development.

Why spreading panic?

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Because, some people are thick headed to understand it.

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