Terraform co-founder Do Kwon pleads guilty over $40 billion crypto collapse

theverge.com/news/758160/do-kwon-terraform-labs-guilty-plea

Terraform Labs co-founder Do Kwon has pleaded guilty to conspiracy and wire fraud three years after his collapsed cryptocurrency firm wiped out $40 billion in funds, according to a report from Bloomberg. Kwon entered his plea in a New York court on Tuesday as part of a deal reached with…

This story appeared on theverge.com, 2025-08-12 17:35:05.457000.
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