CryptoCollapse
Do Kwon Pleads Guilty in Terraform Labs $40 Billion Collapse Case
Do Kwon, the South Korean crypto entrepreneur behind Terraform Labs, has pleaded guilty to fraud charges linked to the $40 billion collapse of TerraUSD and Luna. He faces up to 12 years in prison and significant asset forfeiture, marking a major moment in crypto fraud accountability.
Published at 2025-08-13 04:06:32