Do Kwon Pleads Guilty to Multi-Billion Dollar Crypto Fraud
Do Kwon, the former CEO of Singapore-based Terraform Labs, has pleaded guilty to two counts of fraud related to the collapse of two cryptocurrencies, TerraUSD and Luna, which cost investors over $40 billion. The US accuses him of orchestrating a multi-billion dollar crypto asset securities fraud. As part of his plea deal, prosecutors have agreed … Read more