DoKwon

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.

Do Kwon, founder of Terraform Labs, admitted guilt to multiple fraud charges linked to the $40 billion TerraUSD crash, facing up to 25 years in prison. This event triggered the 2022 crypto winter and broader market turmoil. Learn more about the impact and crypto safety tips from Bitlet.app.

Barclays has banned crypto transactions on its credit cards, US regulatory shifts are impacting Do Kwon's legal situation, and Coinbase stock nears all-time highs. Discover how these developments shape the crypto landscape and how platforms like Bitlet.app can offer flexible crypto purchasing options.