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
Crypto’s Reckoning: From Billion Dollar Dreams to Courtroom Realities
Once the poster children of digital innovation and financial revolution, several high-profile crypto executives now find themselves navigating prison corridors instead of trading platforms. The sentencing of Celsius Network’s former CEO, Alex Mashinsky, to 12 years in prison marks yet another dramatic chapter in a series of crypto collapses that
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
