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

Terraform co-founder Do Kwon has pleaded guilty to two US chargers of fraud after his actions wiped out $40 billion worth of ...

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

South Korean cryptocurrency mogul Do Kwon has pleaded guilty to two fraud charges arising from a $40 billion cryptocurrency ...

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 ...

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

Former head of Terraform Labs, Do Kwon, has pleaded guilty to two fraud charges over a cryptocurrency crisis that cost investors more than $40 billion, according to the BBC. Kwon led Singapore-based ...

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

The plea marks the beginning of the end of the case over the $50 billion collapse in May 2022 of stablecoin TerraUSD.

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.