4 hours ago

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 →