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Terra co-founder Do Kwon pleads guilty to 2 charges

The Wall Street Journal on MSN · 2d

Crypto Entrepreneur Do Kwon Pleads Guilty to Fraud Charges Stemming From Crypto Crash

Kwon pleaded guilty to two criminal counts of fraud in connection with the $40 billion crash of his TerraUSD and Luna coins in 2022. He faces as many as 25 years in prison.

The Associated Press on MSN · 3d

Crypto mogul Do Kwon, known as ‘the cryptocurrency king,’ pleads guilty to fraud charges

NEW YORK (AP) — South Korean cryptocurrency mogul Do Kwon pleaded guilty on Tuesday to two fraud charges arising from the $40 billion collapse of a cryptocurrency ecosystem that had promised investors their money was safe. Kwon, 33, dubbed by some as “the cryptocurrency king,” entered the plea in Manhattan federal court.

Engadget on MSN · 2d

Terraform Labs founder Do Kwon pleads guilty to fraud over $40 billion crypto collapse

Terraform co-founder Do Kwon has pleaded guilty to two US chargers of fraud after his actions wiped out $40 billion worth of crypto investments.

3don MSN

Exclusive: Do Kwon admits 'What I did was wrong' in $40B Terra fraud case, faces up to 25 years

Kwon, donning a yellow prison jumpsuit, appeared before Judge Paul Engelmayer in Manhattan court to accept a negotiated plea ...

Crypto Kingpin Do Kwon Faces Justice in U.S. Courtroom Drama

Do Kwon, co-founder of Terraform Labs, pleaded guilty to conspiracy to defraud and wire fraud charges in New York. He faces ...

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