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Do Kwon to Plead Guilty in $40B Terra Luna Collapse

August 12, 2025
in Bitcoin
Reading Time: 1 min read
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Do Kwon to Plead Guilty in $40B Terra Luna Collapse
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Terraform Labs co-founder Do Kwon plans to plead guilty to U.S. conspiracy and wire fraud charges tied to the $40 billion collapse of his cryptocurrency projects, a judge confirmed Tuesday. Do Kwon, co-founder of Terraform Labs, will plead guilty to two criminal charges of conspiracy to defraud and wire fraud related to the 2022 collapse […]
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