Terra Rebels Team Explains Binance’s Role in the Neblio Deal


According to Terra Rebels, Binance only played an introductory role in the sponsorship agreement with Neblio.

Terra Rebels, an independent group of volunteers working on the Terra Classic chain, clarified in a tweet today that Binance played no role in its latest sponsorship deal with Neblio other than introducing both parties.

“For some clarification,” the group wrote. “At no time did binance play any role beyond an initial introduction in the support deal between Terra Rebels and Neblio. Binance at no time supported, backed, endorsed, brokered or played any other role in the support deal between Terra Rebels and Neblio.”

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Notably, popular Terra Luna Classic (LUNC) influencer Classy Crypto echoed the message, sharing a screenshot of a note for Terra Rebels admin ClanMudhorn asserting that the spread of false information was causing problems for the Rebels.