Do Kwon Pleads Guilty in $40bn Crypto Collapse
Do Kwon, the South Korean entrepreneur behind the catastrophic collapse of the TerraUSD and Luna cryptocurrencies, has pleaded guilty in a US court to two counts of conspiracy to defraud and wire fraud. The 33-year-old, who co-founded Singapore-based Terraform Labs, appeared before US District Judge Paul Engelmayer in New York
Do Kwon Extradited to US Over $40 Billion Crypto Collapse
South Korean cryptocurrency entrepreneur Do Kwon, the co-founder of Terraform Labs, is set to be extradited to the United States from Montenegro. This follows a court ruling and months of legal battles after the collapse of his two digital tokens, TerraUSD and Luna, which wiped out approximately $40 billion (£31.7
