Do Kwon Pleads Guilty to Fraud Charges in $40 Billion Terra LUNA Collapse Case

Do Kwon has pleaded guilty to conspiracy to defraud and wire fraud charges in a Manhattan federal court. He also admitted his role in the Terra ecosystem collapse that wiped out approximately $40 billion in investor funds during 2022. The 33-year-old South Korean entrepreneur co-founded Terraform Labs and created the TerraUSD stablecoin and Luna token […] The post Do Kwon Pleads Guilty to Fraud Charges in $40 Billion Terra LUNA Collapse Case appeared first on Coin Edition.