The Terra Classic community could lose the support of the leading crypto exchange Binance, regarding the LUNC burn campaign. This fresh speculation originates from the recent extortion accusations leveled against the popular independent Terra Classic development group called Terra Rebels by a prominent LUNC validator.

According to LUNCDAO, one of the validators on the Terra Classic network, Terra Rebels used their recent Rebel Station development proposal to swindle $150,000 from the LUNC community pool. Recall that at the passing of the highly controversial proposal 11030, a whopping 937.5 million LUNC was sent to the Terra Rebels group. 

As a result of this recent scam allegation thrown at the Terra Rebels group, it is speculated that Binance, the highest contributor to the total LUNC burned, is likely to cease supporting the Terra Classic token burn mission. LUNCDAO said, “Binance likely to stop burning because of the TR scam.” However, this remains just an assumption as there is no statement from the exchange yet.