Korean crypto exchanges issue warnings about trading Luna

* South Korea’s major exchanges have issued warnings about trading of Luna (LUNA) following the crypto’s current price downturn.

* The price of Luna is down 87% in the last 24-trading period and has fallen 96% from its all-time high of $119 in April.

* Coinone, one of the “big four” crypto exchanges in South Korea, has suspended trading of Luna, citing its abrupt price slump.

* Korbit and Bithumb have issued “designated investment warnings” on the coin citing similar concerns as well.

* The situation offers an insight into the level of unease among Korean crypto investors concerning Luna’s current decline.

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