Aug 12, 2025
Do Kwon Guilty Plea Ends Trial Over $40B TerraUSD and Luna Crash
TLDR Do Kwon has pleaded guilty to conspiracy to defraud and wire fraud in the TerraUSD and Luna collapse case. The plea agreement prevents him from appealing if the sentence is 25 years or less. Prosecutors stated his sentence could be reduced to 12 years if he shows remorse and commits no new offenses. The [...]
The post Do Kwon Guilty Plea Ends Trial Over $40B TerraUSD and Luna Crash appeared first on Blockonomi.
Source: Blockonomi →Related News
- 7 hours ago
US Regulators Open Door for Stablecoins in Derivatives Markets
- 19 hours ago
Austria’s Central Bank Calls for Streamlined Crypto Regulations in Europe
- 19 hours ago
Is the CFTC Opening the Door for Stablecoins in Derivatives Trading?
- 20 hours ago
U.S. CFTC Moves Toward Getting Stablecoins Involved in Tokenized Collateral Push
- 20 hours ago
Judge Rules Against Justin Sun in Bid to Block Bloomberg’s Crypto Publication