BITPRISMIA
Do Kwon, the founder of Terraform, pled guilty to fraud charges related to the collapse of TerraUSD (UST) and LUNA, which resulted in over $40 billion in losses.
Do Kwon, former CEO of Terraform Labs, pled guilty to fraud charges related to the collapse of LUNA and UST, with potential implications for cryptocurrency regulations and market dynamics.
Do Kwon, co-founder of Terraform Labs, will plead guilty on August 12, 2025, in a $40 billion fraud case, which may significantly impact Terraform Labs' legal standing, investor confidence, and regulatory scrutiny.
Terraform Labs co-founder Do Kwon has pleaded guilty to two felony counts related to the $40 billion collapse of TerraUSD and Luna, with prosecutors recommending a 12-year prison sentence and a $19 million fine.
Do Kwon, co-founder of Terraform Labs, will plead guilty to conspiracy and wire fraud charges related to the collapse of TerraUSD, which caused around $40 billion in losses.
Do Kwon, the founder of the failed crypto project Terra, pleaded guilty to two charges of conspiracy to defraud and wire fraud in a U.S. court, agreeing to pay $19 million in penalties.
Do Kwon, co-founder of Terraform Labs, has pled guilty to wire fraud charges, facing up to 12 years in prison and a $19 million financial penalty, marking a pivotal moment in cryptocurrency legal battles.
Terraform Labs co-founder Do Kwon plans to plead guilty to U.S. conspiracy charges related to the $40 billion collapse of TerraUSD (UST) and Luna (LUNA) cryptocurrencies.
Do Kwon, co-founder of Terraform Labs, is expected to change his plea in a U.S. fraud case related to the 2022 collapse of TerraUSD and LUNA, which caused billions in losses.
Do Kwon, founder of Terraform Labs, may change his plea in the legal proceedings against him, marking a pivotal moment in the case related to the collapse of TerraUSD (UST) and Luna (LUNA).