by: xpoolPosted on:

Do Kwon Admits to Defrauding Investors in Terra Collapse, Faces Up to 25 Years in Prison

Terraform Labs co-founder Do Kwon has changed his stance, pleading guilty in court to participating in a scheme that defrauded cryptocurrency investors during the collapse of the Terra ecosystem. After initially denying accusations, Kwon acknowledged his role and admitted to knowingly contributing to the fraud. 💔 😥

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  1. Do Kwon Admits Fraud in $40B Terraform Labs Collapse
  2. Do Kwon May Negotiate Plea Deal in U.S. Court
  3. Do Kwon May Plead Guilty in U.S. Fraud Case Regarding TerraUSD Collapse
  4. Do Kwon Expected to Enter Guilty Plea: Cryptocurrency Fraud Case Update