News with the tag "do kwon"

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, co-founder of Terraform Labs, has reached a plea deal with U.S. prosecutors, which could allow him to serve part of his sentence in South Korea, marking a pivotal moment in the legal proceedings following the collapse of the Terra-Luna ecosystem.

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.

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Terraform Labs founder Do Kwon pleaded guilty to conspiracy and wire fraud related to the collapse of the Terra/Luna stablecoin ecosystem, admitting to knowingly defrauding purchasers of the TerraUSD stablecoin.

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.

Terraform Labs co-founder Do Kwon is expected to plead guilty in a US fraud case related to the $40 billion collapse of the TerraUSD stablecoin, facing charges including fraud and money laundering.

Terraform Labs' Do Kwon may change his 'not guilty' plea in a U.S. fraud case related to the collapse of the Terra/Luna stablecoin, following his extradition from Montenegro.

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).