Binance to Delist and Cease Redemption for Multiple Leveraged Tokens

What is this Binance?

Ref: https://www.binance.com/en/support/announcement/83b0ed10abd646328bf104d871d03d70

Binance will delist and cease redemption for the following leverage tokens:

Delisting date and timeLeveraged Tokens

2022-02-14 03:00 AM (UTC)EOSUP, EOSDOWN, BCHUP, BCHDOWN

2022-02-15 03:00 AM (UTC)YFIUP, YFIDOWN, XLMUP, XLMDOWN

2022-02-16 03:00 AM (UTC)1INCHUP, 1INCHDOWN, SXPUP, SXPDOWN

2022-02-17 03:00 AM (UTC)UNIUP, UNIDOWN, AAVEUP, AAVEDOWN

2022-02-18 03:00 AM (UTC)SUSHIUP, SUSHIDOWN, FILUP, FILDOWN

First, you remove the trading pair of Leveraged Tokens on short notice and tell us in a private chat that we can sell in future in better NAV value not to worry, that you only halted trading, for now.

Now, I see this Notice that the Multiple Leverage Tokens will be Cease Redemption too. Seriously???

We have invested so much money into Binance Leverage Token and now you cease Redemption.

This is just unacceptable to us as Investors in Binance. We are not happy at all. This is a Daylight loot you are doing in the open taking away the money we have invested.

Do you expect us to sell the Tokens right now when prices of all crypto have fallen and at total loss??? WTF!

We want this decision to be reversed immediately. We need an option to redeem the token at a better NAV price value in the future. We will not accept this daylight robbery. Just not okay.