LUNA and UST withdrawals restricted on Binance amidst crash

LUNA and UST tokens have been experiencing restrictions on withdrawal for Binance users. The world’s largest crypto exchange by trading volume, Binance has shut off withdrawals for some users amidst a massive crash in token prices that saw LUNA crashing to as low as $23, a 65+% correction over last week’s average price. The UST token was also experiencing issues pegging itself to the dollar. UST was seen falling to as low as $0.65.