Crypto Entrepreneur Do Kwon Pleads Guilty to Fraud Charges Stemming From Crypto Crash

Why did Bitcoin hit a new all-time high? How will tariffs impact Tapestry’s profits? What caused Target and Ulta Beauty split? Why are wholesale prices surging now? How is Tesla advancing robotaxi plans? Why is Fed hesitant on big rate cuts? What’s behind Amazon’s grocery delivery expansion?

Crypto Entrepreneur Do Kwon Pleads Guilty to Fraud Charges Stemming From Crypto Crash

wsj.com/finance/currencies/crypto-entrepreneur-do-kwon-pleads-guilty-to-fraud-charges-stemming-from-crypto-crash-50c032fe

Kwon pleaded guilty to two criminal counts of fraud in connection with the $40 billion crash of his TerraUSD and Luna coins in 2022.

This story appeared on wsj.com, 2025-08-12 16:24:00.

The Entire Business World on a Single Page. Free to Use →