Do Kwon Pleads Guilty to US Fraud Charges in $40B Crypto Collapse
Insurance Journal - Aug 12, 2025
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two U.S. charges of conspiracy to defraud and wire fraud. Kwon, 33, who co-founded Singapore-based Terraform …...
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