Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse
- Posted on August 12, 2025
- By CNBC
- 1 Views
Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse
Kwon, 33, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, entered the plea at a court hearing in New York.
