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Terra co-founder Do Kwon pleads guilty to 2 charges

Reuters on MSN · 1d

Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse

By Luc Cohen NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy to defraud and wire fraud.

Engadget on MSN · 1d

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.

Do Kwon Pleads Guilty Over $40 Billion Terra Collapse

Do Kwon, the mastermind behind the collapsed Terra project, has agreed to a plea deal for 12 years in prison with a $19 million penalty.

1don 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 ...

1don MSN

Do Kwon to plead guilty to US conspiracy, fraud charges in $40 billion crypto collapse

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

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