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

NEW YORK (AP) — South Korean cryptocurrency mogul Do Kwon pleaded guilty on Tuesday to two fraud charges arising from the $40 ...

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

According to court reports from August 12, Kwon pleaded guilty to two major charges — conspiracy and wire fraud — connected ...

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 ...

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

He has been accused of a helping to spark a cryptocurrency crisis that cost investors more than $40bn.

He created the Luna and TerraUSD cryptocurrencies and ran the Terraform Labs crypto company. Read more at straitstimes.com.

NEW YORK — Terraform Labs founder Do Kwon pleaded guilty to conspiracy to commit fraud and wire fraud Tuesday morning, three ...

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

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