Crypto Collapse
Do Kwon Pleads Guilty to Fraud Charges in TerraUSD Collapse Case
Do Kwon, the creator of TerraUSD and Luna, pleaded guilty to fraud charges related to the $40 billion crypto collapse. He admitted misleading investors and faces up to 12 years in prison under a plea deal. The case highlights ongoing risks in cryptocurrency markets and the importance of transparency.
Published at 2025-08-12 18:14:28
Do Kwon Pleads Guilty in $40 Billion TerraUSD Crypto Collapse Case
Do Kwon, founder of Terraform Labs, admits guilt in major U.S. charges linked to the 2022 TerraUSD and Luna crypto crash, facing conspiracy and fraud allegations.
Published at 2025-08-12 15:03:23