
Do Kwon Pleads Guilty to Fraud in $40 Billion Crypto Collapse
Do Kwon, co-founder of Terraform Labs, has pleaded guilty to fraud charges linked to the $40 billion collapse of the TerraUSD and Luna cryptocurrencies. His misleading actions in 2021 resulted in significant financial losses for investors, marking a dramatic fall from grace after the 2022 cryptocurrency market crash.
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191
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