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Do Kwon to Plead Guilty in $40B Fraud Case
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Do KwonCryptocurrency
Updated 7 hours ago

Do Kwon to Plead Guilty in $40B Fraud Case

Do Kwon, co-founder of Terraform Labs, is set to change his plea to guilty in a $40 billion fraud case, indicating a significant shift in his legal defense strategy.

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Do Kwon, co-founder of Terraform Labs, is set to plead guilty to U.S. fraud charges after the company's cryptocurrencies lost about $40 billion in 2022. A conference is scheduled for August 12, 2025.
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