Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in ...

NEW YORK (AP) — South Korean cryptocurrency mogul Do Kwon pleaded guilty on Tuesday to two fraud charges arising from the $40 ...

Kwon pleaded guilty to two criminal counts of fraud in connection with the $40 billion crash of his TerraUSD and Luna coins ...

He has been accused of a helping to spark a cryptocurrency crisis that cost investors more than $40bn.

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

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in ...

Prosecutors plan to recommend a sentence of 12 years, and $19 million in penalties, as long as Kwon doesn’t commit any more ...

Do Kwon pleaded guilty to fraud related to the collapse of Terraform Labs' digital assets, facing a potential 25-year ...

Terraform Labs founder Do Kwon pleaded guilty to conspiracy to commit fraud and wire fraud Tuesday morning, three years after the dramatic $60 billion collapse of the Terra/Luna stablecoin ecosystem.

Kwon, 33, who co-founded Singapore-based Terraform Labs Pte. in 2018, developed TerraUSD, a stablecoin designed to maintain a ...

Terraform Labs co-founder Do Kwon has pleaded guilty to conspiracy and wire fraud charges in a U.S. court, as reported by ...